Visteon Corp. is investing $35 million to build a plant to make interior auto parts.
The facility, slated for Highland Park, Mich., will ship components to assembly sites in the Midwest for use in modules like instrument panels and floor consoles, Visteon executives said in a Feb. 13 news release.
``Our significant business growth requires us to add strategic manufacturing capability,'' said Visteon Chairman and Chief Executive Officer Michael Johnston. The firm, based in the Detroit suburb of Van Buren Township, has not released details on what it will put in the Highland Park site, but said it will use proprietary processes to make interior parts.
The move will mark Visteon's first major investment in interiors manufacturing since it spun off much of its injection molding operations into Automotive Components Holdings LLC in 2005, including its instrument panel plant in Saline, Mich., and door panel plant in Utica, Mich.
Visteon now will be able to turn out parts using new equipment in a more flexible and focused site, executives said.
Visteon will employ 175 in Highland Park.