Items Tagged with 'automotive supplier industry'

MUNICH—According to a recently study conducted by Roland Berger and Lazard, stagnant production volumes, geopolitical uncertainty, increasing competition and rising cost pressures are challenging automotive suppliers.

CADILLAC, MI—BorgWarner Thermal Systems Inc., a manufacturer of thermal technology for combustion, hybrid and electric vehicles, is expanding its assembly plant here. The $11.2 million project is expected to create 30 jobs.

TELFORD, TN—A South Korean auto parts supplier will locate its first U.S. assembly plant here.

DETROIT—Lear Corp. plans to invest $48 million to build a new automotive seat assembly operation here that could create hundreds of new manufacturing jobs.

SPRINGFIELD, TN—Tier 1 automotive supplier Martinrea International Inc. is investing $40 million to expand its assembly plant here. The project is expected to create 97 new jobs.

BESSEMER, AL—Automotive supplier Valeo North America will invest $5 million to open a new assembly plant here, creating 70 jobs.

ELIZABETHTOWN, KY—Automotive supplier Metalsa is adding 300 new jobs at its assembly plant here to meet increased demand for the company’s signature product: vehicle frames for light- and heavy-weight trucks.

CALHOUN, GA—TEKLAS, a Turkish manufacturing company and supplier of parts for electric vehicles, is investing $6.5 million to open its first North American assembly plant and headquarters here.

WEST POINT, GA—A South Korean auto parts supplier will invest more than $240 million to build a transmission assembly plant here.