Yanfeng Automotive Interiors, a global supplier of automotive interior components, announced it is establishing operations in Laurens County, South Carolina. The new development is expected to bring $71 million of new capital investment and lead to the creation of 35 new jobs.
The company will supply BMW with interior components, including door panels, instrument panels and floor consoles for multiple models built by the automaker.
Established in 2015, Yanfeng Automotive Interiors is a joint venture between Yanfeng Automotive Trim Systems Co. Ltd., a wholly owned subsidiary of Huayu Automotive Systems Co. Ltd. (HASCO), the component group of SAIC Motor Corp. Ltd. (SAIC Motor) and Johnson Controls, a global multi-industrial company. Headquartered in Shanghai, the company has more than 100 manufacturing and technical centers in 17 countries and employs more than 28,000 people globally.
The company recently completed the acquisition of Faurecia’s Fountain Inn, South Carolina. The acquisition includes the existing 365,000-square-foot plant and its current employees. Yanfeng Automotive Interiors will be expanding the plant by an additional 100,000 square feet to accommodate future new business.
