GERMANY: Lear Corporation Announces Plans to Open New Manufacturing Operation in Germany
Lear Corporation (NYSE: LEA - news) has announced plans to establish a new manufacturing facility in Zwiesel, Germany, as part of the company's ongoing expansion in Europe. The new facility will produce injection-molded components for hard trim, doors and instrument panels for installation in vehicles built by General Motors Corp., DaimlerChrysler AG, Porsche AG and Volkswagen AG. Lear will employ approximately 170 people at the new operation when it begins official production next year.
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