Yanfeng Automotive Interiors Plans Belvidere, Illinois, Manufacturing Plant
10/05/2016
According to company officials, the plant will supply interior cockpit components to the Jeep Cherokee, which will be built at the FCA US Belvidere assembly plant. The new plant, opening in 2017, is expected to bring $28.1 million of new capital investment and lead to the creation of 400 new jobs.
"We are pleased to be a part of the Belvidere community and support FCA in the production of the Jeep Cherokee," said Nathan Bowen, Vice President and General Manager, Americas, Yanfeng Automotive Interiors. "The opening of this facility further demonstrates our commitment to supporting our customers."
"Illinois has the best location and the best people in the country," Illinois Governor Bruce Rauner said. "Yanfeng's new investment confirms that by choosing Illinois to grow its local supply chain and create 400 new jobs. We are working every day to reform our government and political systems to improve Illinois' business climate to allow us to grow and create even more jobs. I thank Yanfeng Automotive Interiors for their continued commitment to Illinois."
Yanfeng Automotive Interiors is the world's leading supplier of instrument panels and cockpit systems, door panels, floor consoles and overhead consoles. Headquartered in Shanghai, Yanfeng Automotive Interiors is a joint venture between Yanfeng Automotive Trim Systems Co., Ltd, a wholly owned subsidiary of Huayu Automotive Systems Co., Ltd. (HASCO), the component group of SAIC Motor Corporation Limited (SAIC Motor), and Johnson Controls a global multi-industrial company.
Project Announcements
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Republic Airways Holdings Plans Tuskegee, Alabama, Training Operations
04/18/2024
South Africa-Based Radel Plans Winston-Salem, North Carolina, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024