Walbro LLC is expanding its facility in Cass City, Michigan, with a total capital investment of $11.4 million and up to 40 advanced manufacturing jobs, supported by a $400,000 state grant. Michigan was chosen over sites in Indiana, Ohio and Mexico.
The board of Craftsman Automation approved a new plant in Nagpur, Maharashtra, to add 8-10% powertrain capacity, with phase 1 costing Rs 115 crore over 24-30 months. Phase 2 is planned at Rs 110 crore over 24-48 months.
Sogefi received a series order from a German premium carmaker for a cooling water distributor module for its next-generation full-electric platform, with about 200,000 parts over seven years and production from 2023 at its Orbey plant in France.
Plastic Omnium and start-up Greenerwave formed an exclusive partnership to develop a 4D imaging radar for vehicles, expected in 2025, with prototypes in 2022.
Plastic Omnium won a major contract from Hyundai Motor Company to supply high-end hydrogen vessels produced in Korea, announced at the IAA in September 2021.
Rheinmetall received an order from an international automaker for CWA400 electric coolant pumps for luxury hybrid vehicles, worth a figure in the two-digit million-euro range. Pierburg Pump Technology will produce the pumps at Hartha, Saxony, with delivery complete by 2024.
REHAU announced a $50 million expansion of its Cullman, Alabama automotive plant to produce exterior polymer-based components for new Mercedes-Benz SUV models, including EQ electric vehicles. The expansion will create 125 new jobs.
Rheinmetall, through subsidiary Pierburg, secured two back pressure valve orders for commercial vehicle engines worth a combined €37 million excluding VAT. One is from a Chinese engine maker, built locally in China, and the other from a South American customer, built in Ústí nad Labem, Czech Republic.
Weastec, part of Toyodenso Group, is opening a plant in Greenfield, Ohio to assemble larger engine parts with two semi-automated lines. About 15 jobs are expected, with operations targeted for the end of 2021.
Grupo Industrial Saltillo announced a $30 million investment to expand capacity at Draxton's automotive parts foundry in San Luis Potosí, Mexico, adding 30,000 tonnes per year of nodular iron casting capacity with operations starting in Q4 2022.
Automotive supplier Martinrea will invest $40 million to expand its existing facility at 1 Fabco Dr. in Springfield, Robertson County, Tennessee, adding 30,000 square feet, upgraded presses and more robots, and creating 97 jobs.
Robert Bosch has won a long-term contract from cellcentric to supply electric air compressors with power electronics for fuel cell systems used in heavy trucks and stationary applications, with series production starting in the mid-2020s. Announced June 18, 2021.
Concentric AB received a development contract from an unnamed global truck and bus OEM to supply electric coolant pumps for a fuel cell electric vehicle bus application.
Garrett Motion plans to expand and modernize its Wuhan plant by about 50%, with completion scheduled for Q1 2022. The plant opened in 2013 and serves major automakers.
CentroMotion, owned by an affiliate of One Rock Capital Partners, signed a definitive agreement to acquire Carlisle Brake & Friction from Carlisle Companies. CBF, based in Medina, Ohio, makes friction materials and mechatronic brake and transmission products for off-highway vehicles.
Bosch is investing R$170 million to relocate a diesel fuel injector production line from the United States to its Curitiba plant in Brazil, with production expected to start in July 2021.
AD Plastik Group secured new orders from Volkswagen worth EUR 7.5 million and from Stellantis worth EUR 2.3 million, totalling EUR 9.8 million (USD 11.88 million), according to a press release of 10 May 2021.
Shougang Toyota Industrial Air Conditioning Compressor, invested in by Toyota Industries, produced its first electric compressor at the Yantai Development Zone plant on May 4, 2021, targeting over 1 million units a year.
Brazilian compressor maker Schulz plans to invest over R$150 million this year to expand product range and production capacity at its Joinville units, Schulz Automotiva and Schulz Compressores. Work includes new Industry 4.0 machinery, expanded production lines and a new electric motor and aluminium casting area.
Knorr-Bremse signed a 10-year supply contract with one of the world's leading truck OEMs, extending serial deliveries of current braking and air treatment systems and adding new GSBC and GSAT systems. The total order volume is worth approximately 1 billion euros.
Private equity firm Fidelium Partners agreed to acquire the steering and transmission pump business of Robert Bosch Automotive Steering. Financial terms were not disclosed. The deal was announced on 31 March 2021.
Vitesco Technologies won a major order, worth a triple-digit million euro sales volume, to supply 800-volt silicon carbide inverters for Hyundai Motor Group's new E-GMP electric vehicle platform.
Chinese appliance group Hisense Home Appliances will acquire 75% of Sanden and inject 175 million euros of capital, with the shareholder change to be approved at the May 7 shareholder meeting. Sanden's only French plant is in Tintenia near Rennes.
Link Mfg has acquired valve and suspension control product lines, related technology and key staff from Hadley Products Corp, including the SmartValve height control system and Smart Air Management System. The deal was announced on March 9, 2021.
Chinese group Hisense is set to acquire 75% of Japanese compressor maker Sanden via a share issue worth about 21.4 billion yen (about 178 million euros). The process is to be finalised at a shareholder meeting on May 7, and affects the Tinteniac plant in France.
BorgWarner announced a $62.25 million investment in its Arden, North Carolina production plant and technical center, with at least 100 new jobs, supported by county incentives approved on March 2, 2021.
Hanon Systems began construction of its fifth plant in Korea, in Naengcheon-ri, Gyeongju-si, on a site of about 33,000 square meters. The plant will make heat pump modules and coolant valve assemblies for electric vehicles, with completion expected in Q2 2021 and production from Q3 2021.
Continental announced a roughly €60 million expansion of its San Luis Potosí automotive plant, adding about 20,000 square meters of production floor and a fully automated high-bay warehouse for disc brakes and electronic parking brakes. Full operation is expected by October 2022.
Autoliv announced plans to build a new airbag inflator plant close to Chennai to serve Indian demand. No investment value or completion date was given.
Autoliv announced plans to build a new inflator manufacturing plant close to Chennai, India, to serve Indian demand and localize inflator production.
BorgWarner and AKASOL signed a Business Combination Agreement on 15 February 2021 for a strategic partnership. BorgWarner's subsidiary will launch a voluntary public takeover offer of EUR 120.00 per share, a 23.4% premium, with founders holding 59.4% of shares committed to tender.
Shanghai Highly Group and Marelli Holdings announced the completion of a joint venture transaction for auto parts, after Marelli divested and restructured its related business. The venture covers cooling and heating components for vehicles.
The joint venture Highly Marelli Holdings between Highly International and Marelli Corporation was officially established on January 28, 2021. It focuses on electrified compressors, heat pumps and HVAC systems for vehicles, with direct access to the Chinese market.
Valeo North America will occupy an existing facility on Perimeter Way in Bessemer, Alabama, investing $5 million and creating 70 jobs, with full production expected by June 2021.
Motherson announced a new production line at its plant in the Logistik II industrial park in San Luis Potosí, Mexico. The company's global investment in recent months totals 640 million pesos (about 32 million US dollars).
Worthington Industries has acquired PTEC Pressure Technology GmbH, a German designer and maker of valves and components for hydrogen and CNG storage systems, based in Burscheid, Germany. The company has 11 employees.
Toyota Industries Compressor Parts America is investing $5.5 million to expand its automotive compressor parts plant in Pendergrass, Jackson County, adding 15,000 sq ft, a new production line and at least 27 jobs.
Turkish EV parts manufacturer TEKLAS is investing $6.5 million to open its first North American facility and headquarters in Calhoun, Gordon County, Georgia, creating 120 jobs in a 200,000 sq ft building.
Hanon Systems is supplying its R744 heat pump components, including electric compressor, refrigerant valves, internal heat exchanger and accumulator, to Volkswagen Group for its MEB electric vehicle platform.
BorgWarner signed a new investment contract with the Viana do Castelo city council to invest 7 million euros in expanding its Lanheses plant, adding 5,800 square metres and 38 jobs, with works in 2021.
Marelli is opening a production facility for electric drivetrains in Cologne, Germany, on 18,000 square metres, with production slated to start in the first half of 2021 and about 160 employees.
Raufoss is expanding in Boisbriand near Montréal with a $17.5 million investment expected to create 45 jobs for the automotive industry.
Hanon Systems announced at its Virtual Investor Day a goal to expand annual electric compressor production to 4.4 million units by 2025 and reach a 25% global market share. Output will rise at its Pamela plant in Portugal and Dalian plant in China.
TI Fluid Systems has commissioned a new plant in Tangier, Morocco for battery electric vehicle components, supplying finished hoses to Tauste, Spain for final assembly.
TI Fluid Systems has begun high-volume production of new R744 heat pump and thermal coolant loop assemblies for the Volkswagen ID.3 and ID.4 battery electric vehicles.
Toyota Industries Compressor Parts America will expand its Pendergrass, Georgia production facility to add a DC-AC inverter production line and 15,000 sq ft, investing $5.5 million and creating at least 27 jobs over 18 months.
Voss Automotive has acquired Henzel Automotive, a thermal management systems supplier, with financial terms undisclosed. Henzel had 2019 sales of EUR 32 million and 268 employees.
Hilite International is expanding its Whitehall, Michigan operations with state support, a project expected to bring $9.6 million in private investment and 108 new jobs by 2022, chosen over a site in Texas.
Eaton announced the modernization of its first plant outside the United States, in São José dos Campos, Brazil, which produces combustion engine valves. The upgrade adds new technologies and Industry 4.0 automation, with improvements scheduled through 2022.
Westport Fuel Systems signed definitive agreements with partner UNO MINDA to sell the assets of its subsidiary Rohan BRC Gas Equipment to their 50/50 joint venture Minda Emer Technologies, consolidating CNG production in Manesar, Haryana.