Chassix

Chassix signed a definitive agreement to acquire Benteler Automotive Farsund's lightweight aluminum low-pressure automotive casting business, including a highly automated foundry in Farsund, Norway, with about 275 employees.

American company Chassix will build a new foundry in Ostrava, Czech Republic, for $50 million (nearly 1.3 billion CZK) to produce aluminum chassis and powertrain components, creating up to 350 jobs. Production is expected to start in early 2018.