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Swedish-based Autoliv Invests $18 Million To Expand Two Utah Manufacturing Plants

Area Development Online News Desk (11/26/2012)
Swedish-based Autoliv Inc., a Swedish-based developer and manufacturer of automotive safety systems, will invest $13 million to expand its Promontory, Utah, manufacturing facility and another $5 million to increase its Tremonton, Utah plant, creating an estimated 50 jobs.

Autoliv will add a sixth processing facility in Promontory that will create 20 percent more capacity to its gas generant production, enabling the company to take advantage of growing demand for Autoliv airbag inflators. The facility produces gas generant used to inflate more than 50 million vehicle safety airbags annually.

The plant also houses the company’s state-of-the-art Airbag Recovery Center for the deactivation and recycling of airbags.

Autoliv’s Tremonton facility, which produces initiators and micro gas generators for automotive safety products, will get a 33,000 square foot expansion. The majority of floor space added in this $5 million expansion is slated for new production lines which could supply up to 30 percent more capacity. The firm plans to add two new lines to be completed in 2013 adding. Information on whether any local or state tax incentives were provided was not immediately available.
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