IBM has submitted a revised plan to Mexico.
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The new plan for building a wholly owned personal computer plant in Mexico offers improved investment and technology-transfer terms, the business newspaper El Financiero reported. The original proposal submitted by International Business Machines was rejected by the Mexican government last January. The newspaper, quoting unidentified “top government sources,” said IBM executives told President Miguel de la Madrid in a letter that, as the company develops advanced technology, that technology would be used in the Mexican plant.
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