Two of the auto industry's biggest suppliers are bringing in new executives, with both Visteon Corp. and Lear Corp. naming presidents and chief operating officers May 18.
Donald J. Stebbins took over at Visteon, which is based in Van Buren Township, near Romulus, Mich. Stebbins had served as president and COO of Lear's Europe, Asia and Africa unit. Stebbins also previously was vice president and treasurer at Lear.
Southfield-based Lear, meanwhile, promoted Douglas DelGrosso to president and COO from his previous posting as president and COO for its Americas division. DelGrosso joined Lear as a design engineer in 1984 and was a former president of the Europe, Asia and Africa group.
Lear also is expanding its Michigan manufacturing base, investing $4.2 million in new equipment for its Mendon trim plant as part of a $10 million expansion at the site.
Improvements at the site will take in a $510,000 grant from the Michigan Economic Development Corp. for a new well. The village of Mendon will chip in $70,600 for the project, state officials announced May 16.
Lear's Mendon plant now employs 74, producing a variety of trim components for several automakers. With the new equipment, the company expects to boost employment there by 51 positions during the next two years.
The expansion will support production of a new armrest assembly.