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Faurecia will invest $18 million to expand its Spring Hill plant at 3555 Cleburne Rd in Maury County, Tennessee, adding a 100,000 sq ft expansion for door panel assembly production and creating 171 new jobs.
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.
Faurecia will build a new $60 million, 250,000-square-foot interiors production facility in Blue Springs, Missouri, making door and instrument panels and creating 300 new jobs.
Faurecia signed a joint venture agreement with Dongfeng Motor Parts & Components Group for its Clean Mobility business in Wuhan, China, on 4 July 2017. The JV is set to start operations in 2018.
Faurecia acquired exclusive access to intellectual property and process know-how for composite hydrogen tanks from Stelia Aerospace Composites, to develop high-pressure tanks for fuel cell electric vehicles.
