Chinese auto suppliers growing in US

By Kerri Jansen
Staff Reporter

Published: July 24, 2014 4:17 pm ET
Updated: July 24, 2014 4:20 pm ET

Related to this story

Topics Automotive, Injection Molding, United States, China

Two China-based automotive suppliers are expanding in the U.S., according to information released by the Michigan Economic Development Corp.

Lighting components supplier H.A. Automotive Systems Inc., the North American subsidiary of Shanghai Changhui Industry Development Company Ltd., plans to establish a headquarters, manufacturing and research and development facility in Troy, Mich., to handle new business supplying North American carmakers.

The company will invest $28.8 million and create 268 new jobs, according to a news release. The company will receive a property tax abatement from the city of Troy, as well as a $2.25 million performance-based grant from Michigan Business Development Program.

Also in the state, Yanfeng USA Automotive Trim Systems Inc. is planning to expand its Harrison Township manufacturing facility, creating 519 new jobs and investing up to $56.2 million.

Yanfeng purchased the Harrison Township facility in 2011, according to its website, and has since then has been awarded new contracts for center consoles, door panels and instrument panels, prompting this latest expansion. YanFeng, which is a subsidiary of Shanghai’s Yanfeng Visteon Automotive Trim System Co. Ltd., also has U.S. facilities in Warren, Mich., and Riverside, Mo.

Yanfeng recently signed an agreement to form a global interior auto supplier with Johnson Controls Inc., with Yanfeng set to control 70 percent of the company. The JV is expected to launch in 2015.


Comments

Chinese auto suppliers growing in US

By Kerri Jansen
Staff Reporter

Published: July 24, 2014 4:17 pm ET
Updated: July 24, 2014 4:20 pm ET

Post Your Comments


Back to story


More stories

Image

Cascade Engineering founder Keller to step down as CEO

September 16, 2014 8:33 pm ET

Cascade Engineering Inc. is undergoing a transition as President Mark Miller will also add the role of CEO, replacing founder Fred Keller, who has...    More

Image

DuPont investing $100 million for more ethylene copolymer capacity

September 16, 2014 1:51 pm ET

Increased packaging demand is leading materials giant DuPont Co. to spend more than $100 million to increase capacity for ethylene copolymers at its...    More

Image

SPE Thermoforming Division picks 3 scholarship winners

September 16, 2014 4:25 pm ET

Three college students have earned scholarships through the Society of Plastics Engineers' Thermoforming Division, division officials announced at...    More

Image

Canadian, Mexican injection molders form auto supply joint venture

September 16, 2014 2:26 pm ET

A new automotive parts manufacturer will open in Querétaro, Mexico, through a joint venture between Canadian automotive supplier Papp Plastics and...    More

Image

American Renolit sees steady gains in the film market

September 16, 2014 11:51 am ET

American Renolit Corp. has changed its product mix, changed its customer base and managed to grow in a market that was initially skeptical about the c...    More

Market Reports

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

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

Upcoming Plastics News Events

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

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

More Events