Yanfeng Automotive Trim Systems
The interior components supplier hopes its first appearance at CES will show off how vehicle cabins, including seats, audio and steering wheels, can evolve to meet those expectations.
Three of Unique Fabricating Inc.'s largest customers — including a top supplier of interiors — have agreed to bail out the insolvent auto supplier of plastics and rubber with price increases and investment of up to $15 million to tide over the company until it sells itself and restructures.
Yanfeng's newest concept auto interior highlights cutting-edge technology to show what can be on the road very soon, answering automakers' questions of: “What does this have that we can put into our next-generation models?”
Green Light Growth Partners sees a large market opportunity in automotive interior trim. It plans to retain the 400 employees and hire more as it goes forward with the plant as Kendrick Plastics Inc.
Megasupplier Yanfeng will combine the research and development activities of its interiors, seating, electronics, safety and exteriors divisions into a new unit called Yanfeng Technology.
Yanfeng Automotive Interiors is closing a plant in West Point, Ga., and permanently laying off 71 full-time production workers.
Everyone talks about Industry 4.0, but in reality it seems to be that many companies, at least those in the European plastics processing industry, are taking it slowly.
To compete as both an automaker and an supplier, companies must embrace manufacturing practices that allow them to be flexible, and the technology within Industry 4.0 provides that ability to shift production quickly.
The cause of a Sept. 11 fire at global auto supplier Yanfeng Automotive Interior's Belvidere, Ill., facility is under investigation.
The auto industry still hasn't settled on the exact name to use when it defines future cars. But suppliers already are ramping up a flexible manufacturing base to make parts for those cars.
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