Metaldyne (Plymouth, Mich.) will expand its manufacturing location in Pyeongtaek, South Korea. The plant, which currently produces balance shaft modules for Hyundai, will expand to include powder metal connecting rod assemblies and front-end modular assemblies, as well as engineering resources. Metaldyne also appointed Goldman, Sachs & Co. to explore a possible divestiture of its North American forging business, which represents approximately 15% of the company's total sales.

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