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

FTC warns bag makers to take care before making biodegradeability claims

October 23, 2014 12:30 pm ET

Makers of oxodegradable or oxo-biodegradable plastic bags should consider themselves on notice, according to the U.S. Federal Trade Commission.    More

Image

Toyoda Gosei's growth strategy places a big focus on North America

October 23, 2014 1:21 pm ET

Sometimes, knowing your weaknesses is just as important as knowing your strengths. And if 2014 is any indication, automotive supplier Toyoda Gosei Co....    More

Image

Plastics News Now: Arburg's 3-D printing machine hitting the market

October 23, 2014 9:03 am ET

Chrysler is hiding design elements in parts, Amcor teams up with Method for a molding and filling plant and Arburg's Freeformer attracts attention at ...    More

Image

Bergen International adds manufacturing space, extrusion line

October 22, 2014 3:42 pm ET

Chemical foaming agent manufacturer Bergen International LLC recently doubled its manufacturing capacity, added an extrusion line and laboratory...    More

Image

DuPont materials taking more ground in auto, medical, electronics

October 22, 2014 2:41 pm ET

Materials made by DuPont Co. are making inroads with products ranging from auto coolant pipes to circuit breakers to surgical devices.    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

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

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events