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Sensata Technologies held a groundbreaking for a new Green Certified building in Malaysia that adds 40,000 square feet, bringing total manufacturing space to nearly 275,000 square feet. The company plans to invest an additional RM510 million within five years.
Sensata Technologies held a groundbreaking for a new 4,000 sq.m production building and warehouse in Botevgrad, Bulgaria, with a $27 million investment and 300 new jobs planned.
Sensata Technologies broke ground on a new 4,000 sq m production building in Botevgrad, Bulgaria, with an investment of US$27 million in building and equipment. The expansion is planned to create 300 new jobs.
Sensata Technologies has completed the sale of its valves business to Japan's Pacific Industrial for a total enterprise value of about USD 175 million. The business makes engineered valves for automotive, aerospace, HVAC/R and heavy-duty vehicle customers.
Sensata Technologies agreed to sell its valves business, which makes tire valves and mechanical valves, to Pacific Industrial Co. for a total enterprise value of about $173 million. The deal is expected to close in the third quarter of 2018.
Danfoss has acquired the Kavlico thin-film sensor technology and a 6,000 sqm building with a clean room near Hannover, Germany, from Sensata Technologies, with up to 40 new employees.
