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Following a strategic review of operations, OCV Reinforcements closed its manufacturing facility in Gunsan, Korea on Oct. 31.
The closure affects about 140 employees. The company acquired the Gunsan plant as part of the acquisition of Saint-Gobain’s reinforcements and composites businesses on Nov. 1, 2007.
Customers are being served from other company facilities but mainly the plant in Kimchon, Korea.
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