MUSCLE SHOALS, AL—DURA Automotive Systems plans to invest $59 million to open a manufacturing facility here that will produce battery trays for electric vehicles.
HIGHLAND PARK, MI — Magna International will expand its seat manufacturing facility here that will generate $35.4 million in private investment and create 480 jobs.
GRIFFIN, GA — Mitsui Kinzoku Die-Casting Technology America, Inc., a Japanese-based automotive parts manufacturer, will build a $20 million manufacturing facility here. The project is expected to create more than 30 new jobs.
Recently, a startup Italian car company called XEV launched a two-seat electric vehicle. When it goes into production at a plant in Jiangsu, China, next month, the LXEV will become the world's first mass-produced printed car.
DETROIT—Rebounding car sales should be good news for everyone. But fast growth in the automotive industry is creating an enormous set of new pressures on the consummate players behind the scenes: parts makers.
MADISON HEIGHTS, MI—Auto parts supplier STEC USA Inc. will invest $15.1 million to open a new headquarters and assembly operation here in an existing building. The project is expected to create 176 jobs.