Inteva Products is expanding its automotive capabilities and global presence with the opening of a new closure systems manufacturing plant in Cordeiropolis, Brazil.
The Cordeiropolis Operations and Technical Centre includes an engineering testing facility, manufacturing lines for door latches and window regulators, plus open space to accommodate planned expansions in 2012 and 2013. Inteva has around 100 employees in Cordeiropolis with plans to add around 25 more to service new business in 2012.
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“Brazil and the South American market hold a significant place in our global growth plans,” said Inteva Products president and CEO Lon Offenbacher. “We have tremendous opportunities on the horizon to grow our business here in Brazil. My hope is that one day in the future, Brazil will be a centre of production for products from all four of our product lines.”
Three new window regulator production lines are planned for Cordeiropolis. One will open by March 2012 to serve a European automaker and two will open in April 2013 to serve an American carmaker.
In addition to opening the new Cordeiropolis Operations and Technical Centre this year, Inteva has started new engineering technical operations in Shanghai and Vandalia, Ohio.
“2011 has been a great year of expansion for Inteva’s global footprint,” said Offenbacher. “We have a proven and demonstrated track record of achieving sales growth even in the toughest markets and economic conditions.
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By GlobalData“Our global expansion in 2011 reflects this success and also a pattern I believe will continue in the years to come.”
Inteva’s closure systems product line has operations in 17 countries in four continents: South America, North America, Europe and Asia, encompassing latch systems and door systems.
Inteva’s latch systems portfolio includes door latches, compartment latches, associated strikers and electronic actuators.
In door systems, Inteva designs, engineers and manufactures products that range from window regulators to fully integrated composite door modules.
