When fully operational the 30,000 sqm/322,000 sq ft facility will have the potential to employ up to 3,000 people.
“We are doing this expansion to meet growing customer demand,” said Kevin Fox, president, Autoliv Americas.
“This new facility, along with our Matamoros, Mexico facility will allow us to continue to provide world-class support to our customers. This investment will increase capacity, but it will also allow us to optimise our manufacturing processes at both facilities and it will create exciting opportunities for our team members in Mexico.”
Fox added the project accelerates the company’s digitalization and automation strategy and will include investment in manufacturing processes.
Construction of the new facility is planned to begin in June of this year and Autoliv expects the new plant to be operational by January 2022. Once completed, capabilities will include armature casting, plastic and polyurethane injection moulding, leather preparation and wrapping, final assembly, testing, and development.
Autoliv claims to be the world’s leading producer of steering wheels for passenger vehicles. It has 16 manufacturing and assembly sites and four technical centres around the world which produce 20m annually.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData