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SOUTH KOREA

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<i> Times Staff and Wire Reports</i>

TRW, Hyundai Cement Plan Air-Bag Inflator Venture: Terms of the agreements were not disclosed. Under the 50-50 joint-venture arrangement, Cleveland-based TRW Inc. and Hyundai Cement Co. plan to build the first air-bag inflator factory in Korea. It will employ more than 200 people and produce more than 2 million air-bag inflators per year, TRW said.

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