SOUTHFIELD, MI—Automotive supplier Lear Corp. is set to acquire WIP Industrial Automation, a Spain-based systems integrator with a focus on advanced automation for industrial applications. The deal is expected to close by the third quarter of 2024 and is subject to regulatory approvals.
The expansion will support the production of Rivian’s midsized SUV, the R2.
May 22, 2024
NORMAL, IL—Electric vehicle manufacturer Rivian plans to increase the capacity of its assembly plant here to produce its midsized SUV, the R2. The company has secured an $827 million incentive package from the Illinois Department of Commerce & Economic Opportunity to support the expansion.
The new facility will support manufacturing the roof for the Ford Bronco.
May 21, 2024
HUNTINGTON, IN—Japanese automotive composites manufacturer Teijin has opened a new topcoat and assembly facility here. The 164,000 square-foot space is an expansion of the company’s existing Huntington site and will be used to support manufacturing the modular painted roof for the Ford Bronco.