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Bicycle Maker Plans US$100m Investment

Source: Taiwantrade | Updated: 22 March 2012

Merida’s proposed plan will include a third factory to be built in China that can add an additional 1.5 million units output annually. It has been estimated that Merida’s annual capacity can reach up to 5 million units with the new plan, possibly placing it as the world’s second largest bicycle manufacturer.

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