DETROIT—A federal grand jury has charged a Japanese executive with conspiring to fix prices on auto parts. According to an indictment filed Thursday in U.S. District Court here, Hitoshi Hirano, while executive managing director at Tokai Rika Co. Ltd., fixed prices of heater control panels sold to Toyota Motor Corp. between 2003 and 2010.
YORKTOWN, IN—Mursix Corp. will invest $7.1 million to expand its headquarters here, creating up to 108 new jobs by 2017. The company produces components for alternative energy applications, such as converters and inverters used in hybrid trucks and vehicles.
SOUTH BEND, IN—Defense contractor AM General will soon begin recalling employees back to work at its assembly plant here in anticipation of a U.S. government contract. Up to 200 employees could be recalled.
BEIJING—Johnson Controls has secured a new long-term battery supply contract from the Chinese automaker SAIC Motor. Johnson Controls will supply its Absorbent Glass Mat batteries to power SAIC Motor’s Start-Stop vehicles.
BREMEN, IN—Universal Bearings, a manufacturer of needle bearings, will invest $39.1 million to expand its assembly plant here, creating up to 78 new jobs by 2017.
MINERAL POINT, WI—Cummins Engineered Solutions has unveiled its expanded assembly plant here. The company added 20,000 square feet of production space.
DETROIT—The Detroit Three still have poor relations with their supplier base compared with their Japanese competitors domestically, according to a survey released Monday by consulting firm Planning Perspectives Inc.
ARDEN, NC—BorgWarner Turbo Systems is investing more than $32 million to expand its assembly plant here, with plans to add 63 jobs over the next three years.
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