IAC adds two India facilities

By Kerri Jansen
Staff Reporter

Published: March 11, 2014 3:39 pm ET
Updated: March 11, 2014 3:43 pm ET

Related to this story

Topics Automotive, Asia
Companies & Associations International Automotive Components Group North America LLC

International Automotive Components Group has opened two new facilities in India, giving it a total of four manufacturing plants in the country.

One new facility, in Manesar, is intended to complement Luxembourg-headquartered IAC’s existing operations there, with a total of 60,000 square feet between two locations, a company news release indicates. The Manesar business produces interior components such as headliners, flooring, instrument panel components and interior soft trim products for Maruti Suzuki, Volkswagen, Volvo-Eicher Commercial Vehicles and other brands.

A new 80,000-square-foot facility in Chakan, will be IAC’s second in the Pune district, and supply a range of interior and exterior components for brands including Mahindra & Mahindra, Mahindra Trucks and Buses Ltd., Volkswagen, Volvo-Eicher Commercial Vehicles and Fiat, the company said. The location will also house IAC India’s domestic and global off-shore design and engineering operations and will employ at least 170 by year’s end. IAC’s other Pune facility, located on the Mahindra & Mahindra manufacturing campus, supplies components exclusively for those vehicle lines.

IAC operates about 100 locations worldwide, including 81 manufacturing facilities in 19 countries, and employs more than 28,000 globally. The company reported global 2013 sales of $5.2 billion.


Comments

IAC adds two India facilities

By Kerri Jansen
Staff Reporter

Published: March 11, 2014 3:39 pm ET
Updated: March 11, 2014 3:43 pm ET

Post Your Comments


Back to story


More stories

Image

Haitian's standardization efforts paying off

August 29, 2014 9:53 am ET

Streamlined design efforts and robust export sales helped propel Ningbo, China-based injection molding machine manufacturer Haitian International...    More

Polish injection molder Teknorubber up for sale

August 29, 2014 9:14 am ET

Polish plastic parts maker Teknorubber has been put up for sale following its insolvency filing in March 2014. The company is to be auctioned through ...    More

Image

Concours adding equipment as mold making business booms in Mexico

August 28, 2014 2:05 pm ET

Concours Mold Inc. is heading for a 50 percent increase in sales in Mexico this year after a $4 million upgrade of its plant in Huejotzingo, in the...    More

Image

Canadian mold maker Thibault adding to new operation in Mexico

August 27, 2014 3:19 pm ET

Canadian mold maker I Thibault Inc has purchased an established Mexican company, Tecnimoldes SA de CV, for a seven-figure-dollar-sum and renamed it...    More

Image

New contract for JCI workers heads off potential strike in Ontario

August 25, 2014 3:17 pm ET

About 300 unionized workers at a Johnson Controls Inc. interiors plant in Ontario ratified a new three-year contract, heading off a potential strike a...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events