Schaeffler plans a greenfield plant in Dover, Ohio, making electric beam axles and electric drivetrain systems, with $230 million for the facility and other Ohio projects through 2032 and 450 jobs. Completion is expected in Q3 2025.
At the Phase II inauguration on November 1, 2023, Schaeffler signed an investment agreement with the Taicang High-Tech Industrial Development Zone for a New Energy Phase III Project.
TCCI, an automotive compressor maker in Decatur, Illinois, plans to invest some $20 million to shift EV compressor production to its home base, supported by a state REV Illinois Act incentive package and $21.3 million in Rebuild Illinois grants for an EV cluster.
BorgWarner announced a $198 million investment for a new 64,000 square metre plant in San Luis Potosi, Mexico, making electronic power components and electric motors. It will create 380 jobs and is expected to start operations in the second half of 2024.
Michigan Automotive Compressor Inc. plans to spend $82 million to retain 241 jobs by installing production lines for electric vehicle parts at its Parma-area factory west of Jackson, Michigan. Production of the new parts is expected to begin in December 2024.
BorgWarner Mobility Poland is investing 380 million zloty in modernizing its production portfolio, moving Morse Systems production from Blonie to a new 11,300 m2 plant in Jasionka, with the transfer planned for September 2022.
Saad Eldin Gases is investing $3 million in a joint venture with Italy's OMB Valves to build an automotive valve plant in Abu Rawash, Giza, with a 70/30 stake split and production expected within six months.
Martinrea announced a $45 million investment to open a new plant in Ramos Arizpe, Coahuila, Mexico, adding 350 jobs and raising output toward 30 million parts per year within three years.
Formex Industries announced a R102 million investment to buy and upgrade a new facility in Struandale, Gqeberha, to supply VW South Africa with over 20 automotive components and buy a large auto transfer press.
Schaeffler India signed an MoU with Tamil Nadu's investment agency Guidance to invest over INR 300 crore in a new greenfield plant in Hosur over four years. The plant will manufacture transmission components for conventional and electric vehicles and is expected to employ 300 people.
Hitachi Astemo will invest 56 million dollars over two years to improve industrial safety at its Lerma plants in Mexico, creating 480 new jobs, the state governor announced.
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.
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.
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.
Schaeffler celebrated 50 years of its Cheraw, South Carolina operations and is expanding the site to produce FRAX bearing components, with a $65 million investment and completion expected by end of 2020.
Brose is investing $105 million over five years to expand its southeast Michigan operations, adding 300 jobs at its Auburn Hills headquarters and New Boston factory. The article also describes the New Boston factory expansion.
Erlson Precision Components invested in a new 5X building at its Precision Investment Castings site in Altrincham, Cheshire, which began compressor wheel production about nine months later. The group plans to expand capacity further in 2020.
NIDEC GPM Hungary invested HUF 15 billion at its Bercel plant in Nógrád County, building a new logistics hall and expanding the assembly shop. The plant is set to produce 1 million oil pumps a year, with more production lines planned over 4-5 years.
Bendix Commercial Vehicle Systems plans to invest $10 million in capital improvements at its assembly plant in Bowling Green, Kentucky, during 2018.