Hella and Minth Group have formed a 50:50 joint venture, Hella Minth Jiaxing Automotive Parts Co. Ltd., to develop and produce radomes for ADAS applications. The JV will be based in Jiaxing, China, and initially employ around 80 people.
Minth Group's wholly-owned subsidiary Minth Investment signed a framework agreement and joint venture contract with Hella on June 17, 2020, to establish a joint venture for designing, developing, and producing radar covers and illuminated emblems for automotive applications.
Minth Group announced it has secured an order from Volkswagen to supply aluminum battery boxes for the MEB platform in Europe. The order covers short, medium and long battery boxes for VW's B, C and D-class electric vehicles.
Minth Group will invest $87 million to expand its manufacturing operations in Lewisburg, Tennessee, creating 254 new jobs. The company will construct a 236,000-square-foot facility for production of injection-molded, painted and chrome-plated plastic components for automotive OEMs, to be completed by 2021.
Minth Group plans to build a 236,000-square-foot facility in Lewisburg, Tennessee, for injection-molded and chrome-plated auto components, creating 254 jobs. The investment is $87 million.
| Site | Largest | Latest |
|---|---|---|
| Lewisburg, United States | $87.0M | 2020-01-22 |