Chippenham-based Dymag, a producer of lightweight wheels for the automotive industry, has announced new investment into its business that will accelerate mass production of its technology. 

Building on an existing partnership with Hankuk Carbon, manufacturers of advanced carbon materials, the South Korean company is now an investor, but the value of the investment has not been revealed.

In a statement, the company said Hankuk Carbon’s funding and expertise is “set to further leverage Dymag’s brand and experience in lightweight carbon hybrid wheels for high-performance and luxury vehicle manufacturers”.

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