Teijin is expanding capabilities at its Huntington, Indiana, facility, adding a topcoat line and assembly area.
The new manufacturing plant in Mexico will produce electric powertrain components for General Motors starting in 2023.
Plant production is slated for the summer of 2023, and once operational will manufacture airbags and steering wheels.
The plant will employ approximately 500 people when its at full capacity.
The expansion will increase production of semiconductor sensors as part of the company’s efforts to strengthen DENSO Group’s production system.
The website and production space changes will allow Stowe to meet growing customer demand.
The new investment builds on Navistar’s recently announced plans to invest $125 million in the Huntsville, Alabama, engine plant to produce next-generation, big-bore powertrains developed as part of the alliance with TRATON.
The total investment in Toyota Texas will exceed $3 billion, as the company commits to further fund local workforce development.
Bendix Breaks Ground On $65M, 130,000-Square-Foot Expansion Of Bowling Green, Kentucky, Wheel-End Manufacturing Facility
This latest strategic investment into wheel-end operation supports growth in air disc brake production capacity to meet escalating North American customer demand.
The 96,000-square-foot facility will create nearly 100 jobs producing headliners, interior door and console armrests, and instrument panel trim components for the auto industry.
Toyo has also decided to install production equipment in the remaining half of the space in a new fifth-phase building at TNA that was expanded at the end of last year in order to further strengthen production capacity of pickup truck and large SUV tires.
Through a two-phase expansion, Toyo will construct a new 254,000-square-foot facility with an annual production capacity of 2.4 million passenger vehicle tires. Upon completion of the expansion, the company will employ approximately 2,100 Georgia residents and create more than 150 jobs.