RIVERSIDE, MO—Yanfeng USA Automotive Trim Systems, which supplies parts to General Motors and Chrysler, will build a $45 million assembly plant here. The plant will create 263 new jobs.
PARIS, IL—North American Lighting Inc., which makes automotive lighting, plans invest $50 million to expand its assembly plant here and create 300 jobs.
GRAND BLANC TOWNSHIP, MI—Magna E-Car Systems’ creation of a new assembly plant here helped Michigan add 14,600 manufacturing jobs in 2012, according to Manufacturers’ News Inc.
LANSING, MI—The Lansing City Council on Monday approved a $4 million tax break for GM to build a $38.6 million logistical center near the automaker’s Lansing Grand River Assembly Plant.
DELHI TOWNSHIP, MI—MPT Lansing LLC, an automotive assembly division of Magna International Inc., plans to expand its operation here with a $7.3 million assembly line that would create 39 jobs.
FLAT ROCK, MI—As production plans gear up, the hiring process has begun for a second shift at Ford’s assembly plant here. The automaker expects to hire 1,400 workers.
CHICAGO—Seventy-two percent of CFOs at small and midsized manufacturers are moderately or highly optimistic about their companies’ financial prospects in the next 12 months, according to Prime Advantage, a buying consortium.
SEOUL, South Korea—Hyundai Motor Co.’s limited global production capacity is capping the company’s growth, a top executive says. “Without building a new factory, it is very, very difficult to supply more,” says Lee In-cheol, Hyundai’s vice president of international sales.