IAC forms JV with Reyes Automotive
SOUTHFIELD, MICH. — International Automotive Components Group is establishing its first manufacturing presence in Texas with minority ownership in a joint venture making parts for Toyota Motor Corp.
IAC owns 49 percent of Reyes Automotive Group II in San Antonio, with San Antonio businessman Fernando Reyes owning the majority stake.
The partners have applied for certification as a minority supplier, IAC said in a Sept. 6 news release.
RAG will supply injection molded and blow molded interior parts for the Toyota Tundra and Tacoma trucks made at Toyota's assembly plant in San Antonio.
The 90,000-square-foot manufacturing site has 200 employees. Reyes previously was a joint venture partner of Lear Corp. at the San Antonio plant. Southfield-based IAC acquired the interior parts business of Lear in 2006, but that did not include the San Antonio venture.
The San Antonio operation marks three new North American investments by IAC in the past 12 months, along with a sequencing plant in Belvidere, Ill., and the acquisition of AmPro Molding LLC of Anniston, Ala.
S. Korea's Seung Chang expands in Ala.
AUBURN, ALA. — Auto supplier Seung Chang Airtek Co. Ltd. is completing a 95,000-square-foot expansion to its Auburn parts plant to keep up with increasing demand from two of its customers.
Seung Chang Airtek Inc., the U.S. branch of the global supplier based in Anseong, South Korea, injection molds functional parts for heater and blower parts. With the expansion, the facility will have 214,800 square feet of manufacturing. SCA has invested $16.8 million in the complex, according to a Sept. 6 news release from the city of Auburn.
The company has grown from 40 employees when it first opened in 2004 to 400 employees now.
The expansion comes as SCA customers Hyundai Motor Co. and Kia Motor Corp. expand their production at their U.S. sites in Alabama and Georgia, the company said.
Vinyl window extruders form partnership
HOUSTON — Mikron Industries Inc. and Profine International Profile Group GmbH will share technologies, in a partnership between vinyl window extruders in the U.S. and Europe.
The companies announced the news Sept. 8. Mikron, based in Kent, Wash., is a division of Houston-based Quanex Building Products Corp. Profine is based in Troisdorf, Germany.
The cooperation agreement covers technology only and does not include the companies selling each other's window profiles, according to Profine spokesman Martin Schweppenhäuser. “It's about development or products,” he said by phone from Germany.
Mikron President David Wemmer could not be reached for this story. But in a news release, he said the partnership “provides a framework to share technologies aimed at driving revenues in global markets, enhancing product offerings and sharing best practices, which can improve processes, productivity and costs.”
Evolve opening 3rd US plant in Maryland
CLONTARF, AUSTRALIA — Australian composites maker Evolve Composites Pty. Ltd. will open its third U.S. production site, in Hancock, Md.
The 110,000-square-foot plant initially will make cellular concrete products, but also might produce the firm's plastic products, CEO Martin Bristow said in the Sept. 1 edition of the Hagerstown (Md.) Herald-Mail. Those products would include Polyslab-brand pool-pump and irrigation covers, which are made from recycled plastic.
The project is expected to create at least 60 new jobs in its first three years. Evolve will pay no rent on the site for its first year. The plant previously was used to make travel trailers, but had been closed since 2005.
Clontarf-based Evolve already operates U.S. plants in St. Louis and in Pompano Beach, Fla., as well as a headquarters for its Evolve Composites USA unit in Torrance, Calif.