Hydro-Quebec will invest over CAN$25 million in 2020 to grow Dana TM4 and its electric powertrain business, with new operations in the UK, India and the US and 100 new jobs in Boucherville, Quebec.
Marelli and Highly International signed an agreement to create Highly Marelli Holdings, a joint venture focused on electrified compressors and HVAC, with legal closing planned for early January 2021.
SLPT Automotive announced the acquisition of BorgWarner's water pump business and operations in Ningbo, China, which will become a new division within the SLPT Automotive Group.
HydraSpecma is moving into a new 11,200 sq m facility that will house its Swedish headquarters and production of hydraulic equipment for the vehicle industry. Logistic Contractor is building the new warehouse, and Installationsbolaget is installing its sprinkler system.
Stant began an expansion of its plant in the San Miguel de Allende industrial park in Guanajuato, backed by a $15.2 million investment expected to create 500 jobs over five years.
Agility Fuel Solutions, a Hexagon business, received an order from Anheuser-Busch for over 180 new trucks equipped with ProCab 175 CNG fuel systems, with an estimated total value of over USD 8.0 million. Delivery is scheduled from mid-Q3 to mid-Q4 2020.
Specialty Products Company acquired the assets and team of Peterson Fluid Systems, a maker of performance oil pumps, tanks and fluid system components, in Henderson, Colorado.
UFI Filters won a contract to supply engine oil coolers for the new 3.0L diesel engine in General Motors pickups and SUVs in the NAFTA market starting in 2023, produced at its plant in Mexico.
Cooper Tire's subsidiary Cooper Tire Serbia is expanding production capacity at its Kruševac tire plant by one-third, investing USD 55 million to make larger diameter tires. The press release was issued on 23 July 2020.
Bosch will invest nearly $6 million to expand its Albion, Indiana facility by over 100,000 square feet for added manufacturing equipment and warehousing, adding 16 jobs. Work is expected to be complete by June 2021.
New York City Transit Authority selected BAE Systems to supply 435 Series-E electric hybrid power and propulsion systems for its new bus fleet. The systems will be produced at BAE's Endicott, New York facilities.
Rheinmetall Automotive secured orders worth EUR 250 million (about USD 283 million) for electric vacuum pumps in Mainland China from an undisclosed automaker. The pumps are manufactured by PHP Technology, its joint venture in Shanghai.
Yamada, a Honda supplier, plans a $15.2 million expansion adding 73,000 square feet and 100 new jobs at its South Charleston, Ohio facility. Clark County approved a 15-year property tax abatement for the project.
BAE Systems was selected by New York City Transit Authority to supply 435 electric hybrid power and propulsion systems for new transit buses, produced at its Endicott, New York plants. Reported June 24, 2020.
BAE Systems was selected by the New York City Transit Authority to supply 435 electric hybrid power and propulsion systems for its new fleet of transit buses. The Series-E systems will be produced at its Endicott, New York facilities.
WABCO Automotive Control Systems started production of a heavy-duty truck automatic transmission shift mechanism project in Qingdao West Coast New Area, as part of five projects totalling nearly 700 million yuan.
Magna International, through a wholly owned subsidiary in a joint venture, agreed to purchase the remaining 50 per cent interest in STT Technologies, a North American supplier of transmission and engine oil pumps.
Magna International announced the acquisition of ixetic Verwaltungs GmbH, a maker of automotive vacuum, engine and transmission pumps with plants in Germany, Bulgaria and China, for about €308 million.
Dana Incorporated completed the acquisition of the power-transmission and fluid power businesses of Dana Brevini Group S.p.A., announced 3 April 2017.
Gaoth Dobhair-based Irish Pressings has secured a multi-million euro work package from Jaguar Land Rover, with production planned from 2021 and up to 90 additional staff targeted over five years.
Mutares signed an agreement on 8 May 2020 to acquire certain Cooper Standard sealing and rubber fluid transfer system operations in Poland, Italy, Spain and India, including about 2,500 employees, subject to antitrust approval.
Hands Corporation signed a supply contract for automotive aluminum wheels worth 53.2 billion KRW with Hyundai Motor Company, equal to 8.62% of its recent sales.
Horton is opening a 112,000-square-foot engine cooling plant in the Oconee Industry and Technology Park in Westminster, South Carolina, with an early-May 2020 opening and plans to grow staff from 10 to 125 within five years.
Turkey's industry minister said Bosch will invest an additional 500 million lira at its Bursa plant to start producing next-generation high-pressure pumps, adding 292 jobs. The government's project support decision was published in the Official Gazette.
Agility Fuel Solutions, a Hexagon Composites business, received an order from an existing U.S. transit bus customer for compressed natural gas fuel storage systems worth an estimated USD 10.0 million. Deliveries are expected to start in July 2020.
Continental is building a new plant in New Braunfels, Texas, to produce radar sensors for driver assistance systems, with about EUR 100 million to be invested over three years. The plant is to add 130 jobs, with construction starting mid-2020 and production in 2021.
Brose held a groundbreaking ceremony on March 6, 2020 for its first Serbian plant in Pancevo, which will make electric motors and electronics for cooling fan modules. The company approved EUR 120 million of investment and plans up to 1,100 new jobs, with mass production targeted by summer 2021.
Johnson Matthey Poland has built a new automotive catalyst factory of about 23,000 square metres in Gliwice, Poland, and plans to hire 400 workers, with recruitment starting in March 2020. The construction cost of the plant was 128 million PLN within a wider 450 million PLN investment begun in 2018.
Faurecia received a major order from Hyundai to supply complete hydrogen storage systems, including 10,000 tanks, for 1,600 H2 XCIENT fuel cell trucks planned for the Swiss market. Delivery is to run from 2021 over four years.
Rheinmetall's Automotive arm won an eight-year order from an unnamed international automaker to supply electric water recirculation pumps, with lifetime value of EUR130 million, produced at its Pierburg Huayu joint venture plant in Shanghai.
IHI announced it will expand its automotive turbocharger plant in Illinois, USA, investing about 4 billion yen and raising annual capacity to 1.5 million units by fiscal 2021. The expansion adds an adjacent building and assembly equipment, with mass production starting in December 2020.
BorgWarner agreed to acquire Delphi Technologies in an all-stock transaction valuing Delphi's enterprise value at approximately $3.3 billion, strengthening its power electronics and propulsion capabilities.
The European Commission approved under the EU Merger Regulation the proposed acquisition of Wabco Holdings by ZF Friedrichshafen without conditions. The decision was made on 23 January 2020.
SGL Carbon received a substantial contract from a North-American automaker for high-volume serial production of carbon and glass fiber composite battery enclosure layers, with serial production starting end of 2020. A smaller contract from a European sports car maker was also won.
CCI Manufacturing USA is investing $21.5 million in an advanced production facility at the Mallard Fox West Industrial Complex in Lawrence County to make brake fluid and engine coolant, creating 28 jobs.
ZF opened its first US plant for automatic passenger car transmissions in Gray Court, South Carolina, making the 8HP and 9HP transmissions with about 1.2 million units planned annually and a total investment of about $600 million.
Aisin Automotive Casting Tennessee announced a $67 million expansion of its Clinton, Tennessee die-casting facility, expected to add 160 jobs to its 400-person workforce.
KYB Americas announced a new manufacturing plant in Silao, Guanajuato, Mexico, to begin with hydraulic pumps for automotive continuously variable transmissions and later make shocks, struts and steering components. The plant is expected to add 130 jobs.
Pierburg US, LLC announced a $27 million expansion of its Fountain Inn plant in Greenville County, South Carolina, adding four new production lines and 95 jobs, with completion expected in 2024.
Arvin Sango, Inc. will expand its existing manufacturing operations in Henderson, Tennessee, creating 153 new jobs in Chester County over the next five years. It is the company's third Henderson expansion since 2008.
Two Rivers Packaging won a contract to supply printing and packaging materials to ZF's Qingdao factory, packaging ZF brake pads for worldwide delivery.
The Government of Serbia and Aptiv signed a Memorandum of Understanding for Aptiv to open a factory in Zajecar, investing close to EUR 20 million and employing around 2,000 workers. The 40,000 sq m plant is planned in an industrial zone, with construction expected to start in early 2020.
Concentric AB has been awarded a contract to supply electrically driven coolant pumps to a global truck and bus OEM for mid-size electric trucks. Production starts in 2021 and runs until 2025, with total sales estimated at SEK 150 million.
Plastic Omnium won a contract described as significant for hydrogen tanks. The article gives no customer, value or volume details.
Trelleborg signed an agreement to acquire US-based TriTec Seals, a maker of engineered PTFE sealing solutions for automotive and other industries, through its Sealing Solutions business area. Completion is expected before the end of December 2019.
Miba officially opened its new Miba Drivetec India production site in Pune on November 21, 2019. The space for production and administration more than doubles, from 1,000 to 2,600 square meters.
Scania is building a new foundry at its Södertälje plant in Sweden to produce engine blocks, investing about SEK 1.6 billion. The foundry is due in 2020 and will triple capacity to 90,000 tonnes of molten iron per year.
KW automotive is completing construction and investment of 35 million euros at its Fichtenberg headquarters near Stuttgart to meet rising demand for coilover suspensions.
Industrias Dolz built a new production plant in Almazora (Castellón, Spain) for automotive water pumps, supported by a €476,956 regional incentive grant co-financed by FEDER. The plant features robotized assembly, ovens, injectors and machining centers.
Nidec Motors & Actuators will increase production capacity at its Niepołomice plant in Krakow's special economic zone, declaring costs of at least PLN 165.21 million. The project adds production of brushless ABS motors and in-house components.