Fuyao Glass America Invests An Additional $130 Million To Produce Aftermarket Automotive Glass In Moraine, Ohio
The manufacturing will occur in the same facility as the company's previously announced OEM automotive glass manufacturing. The plant is expected to produce 4 million units of glass per year for the North American market, bringing the total number of jobs committed by the company in Moraine to 1,550 and total capital investment to $360 million.
Chairman Cao said he is committed to ensuring Fuyao will have a strong impact on the automotive industry as well as the Dayton region. "I am committed to ensuring the excellence of Fuyao's U.S. auto glass manufacturing," said company Chairman Cao Dewang. "I strongly believe that Ohio is the best location to base these operations, which is why I have chosen to once again invest in the Moraine facility and the Greater Dayton community.”
Currently all of Fuyao's after-market glass production is produced in China. Its new Moraine facility will supply its growing U.S. customer base, including GM, Chrysler, Safelite, Hyundai, Honda and Kia.
"I want to thank Chairman Cao for his investment in Ohio and his continued commitment to our great state," said Governor John Kasich. "He saw what we know and what JobsOhio has been telling the world – Ohio is the place to be. We have the workforce, infrastructure and business climate for success."
Governor Kasich presented a resolution commending Chairman Cao for his commitment to the state of Ohio, which followed the signing of an agreement by Cao and Minor for a $1 million JobsOhio Workforce Training Grant and a $3 million JobsOhio Economic Development Grant.
"Our strong relationship with Fuyao began in 2013 when we first met Chairman Cao at the grand opening of its Kaluga, Russia, facility and has grown into today's announcement of an additional 750 jobs coming to Ohio," JobsOhio President/Chief Investment Officer John Minor. "We look forward to continuing our strong relationship with Chairman Cao, who has had great success in growing his company and lifting communities worldwide where Fuyao chooses to do business."
The company is the largest automotive glass supplier in China with 65 percent of the market and 18 percent of the global automotive glass market. The company has a presence in the U.S., Germany, Russia, Japan, South Korea, Australia, Brazil and many other countries in the world.
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