Yanfeng Automotive Interiors

Yanfeng Automotive Interiors opened its first plant in Kragujevac, Serbia, aiming to employ 200 workers initially and up to 800 in the long term.

CTP Invest officially inaugurated a new 18,500 m² production facility for Yanfeng Automotive Interiors (YFAI) in CTPark Kragujevac, Serbia. CTP invested approximately EUR 20 million in the project.

Yanfeng Automotive Interiors and Prisma Renewable Composites entered an agreement giving YFAI exclusive use of Prisma's BioLAN lignin-based material for automotive interior development, replacing petrochemical-based ABS plastic.

Yanfeng Automotive Interiors signed a contract to supply central consoles for a new vehicle to be built at the Ford plant in Cuautitlan, Mexico.

Yanfeng Automotive Interiors is repurposing a former DMC building in Novi, Michigan, into a regional headquarters, moving about 280 employees from two sites and adding about 60 jobs over several years. Investment is over $8.4 million.

Yanfeng Automotive Interiors opened its Chattanooga facility to supply interior components for Volkswagen's Atlas SUV, which is part of Volkswagen's $900 million expansion.