Bosch Strengthening Its Global Presence, Announces Plans For New Plant In Russia
Samara has been selected as the future manufacturing site for automotive technology. More than 500 new jobs will be established at the new location in Samara by 2017. Construction is expected to begin in the first half of 2013.
BorgWarner Expands Operations In Ningbo, China
Company plans to strengthen its position as a leading supplier of fuel-efficient powertrain technologies with new production plant and engineering center in China.
Mahindra To Purchase Navistar’s Stake In India Joint Ventures
Navistar and Mahindra entered into the MNAL joint venture in late 2005 to manufacture trucks and buses in India, source components and provide engineering services for the design and development of Navistar vehicle products. The MNEPL joint venture was formed in 2007 and began producing engines in 2010.
SKF USA Inc. And Poul Jeppesen To Receive Business Entrepreneurial Award From Swedish-American Chamber Of Commerce-Philadelphia
SKF was founded in 1907 in Sweden and has become a leading global supplier of products, customer solutions and services in the business of rolling bearings, seals, lubrication, mechatronics and services. SKF USA Inc. has its U.S. headquarters – a LEED certified Platinum building- in Lansdale, Pa. Jeppesen has served as president and CEO of SKF USA Inc. since January 2010.
Lear Corp. To Construct Automotive Wiring Facility In Morocco
Lear currently operates three plants in Morocco, including two in Tangier for electrical wiring systems and automotive seating and one in Rabat, supplying industry-leading electronics such as battery chargers and gateway modules to European automakers including BMW, Renault and Volkswagen.
TAIPEI AMPA 2013 Set To Break Attendance Records
A record-breaking 1,100 exhibitors and 3,000 booths are expected, show organizers say.
Autoliv Expands In Indonesia
The company says this new plant will enable the company to grow its sales in Indonesia from $12 million last year to $25 million by 2015 in already booked business and to $50 million when the plant will be fully utilized.
Autopromotec 2013 Pre-Catalogue Now Online
Show organizers hope to encourage communication between visitors, especially international ones, and exhibitors, to enable visitors to more efficiently plan their visit to Autopromotec 2013.
Eaton Completes Acquisition Of Cooper Industries
The acquisition, first announced on May 21, combines Eaton and Cooper into a new, premier global power management company named Eaton Corporation plc.
KPS Capital Partners Portfolio Company, Chassis Brakes International Group, Acquires Business Of Autocast And Forge Pty Limited
KPS purchased CBI from The Bosch Group in May 2012 with a strategic plan to grow the business as an independent enterprise.
TI Automotive Opens New Fuel Tank Systems Production Facility In India
New Chennai, India, facility produces fuel tanks for Nissan to serve domestic India market.
DENSO Celebrates Grand Opening Of Its India Technical Center
The technical center was established with a total investment of approximately 1.5 billion rupees (approximately US $28.2 million), and currently employs 52 people.