Latest Industry Projects

Introduction: Valmet Automotive is investing around seven million Euros in the construction of its new Battery Test Center at Bad Friedrichshall. Features: With this location the company massively expands its test options for its own group as well as service provider for the automotive industry. New ways are also involved…

Introduction: Toyota Motor Corporation (Toyota) has decided to establish Toyota Myanmar Co., Ltd., (TMY) as its first vehicle production company in Myanmar where it will locally produce the Hilux from February 2021. Features: Toyota plans to construct the new TMY plant in the Thilawa Special Economic Zone, situated in the…

Introduction: Bridgestone Americas (Bridgestone) announced it is expanding the company’s Warren County, Tenn. commercial truck and bus radial (TBR) tire manufacturing facility as part of a three-year, $40 million investment to meet market demand and address emerging customer needs. Features: “Bridgestone continues to optimize its production operations in order to…

Introduction: The technology company Continental celebrates groundbreaking of its greenfield facility in Wuhu, China, dedicated to powertrain components. The new production facility is located in the Wuhu Economy and Technology Development Zone, and covers an area of 80,000 square meters. Features: With an initial investment of close to 28 million…

Introduction: Tennessee Gov. Bill Haslam, Department of Economic and Community Development Commissioner Bob Rolfe and Dorman Products officials announced that the automotive parts manufacturer, together with its capital partner, will invest more than $55 million to expand its operations in Robertson County. Features: Dorman Products plans to establish a new…

Introduction: The technology company Continental plans for the construction of a new manufacturing plant in Hungary to expand its automotive electronics production footprint. Features: Continental currently has six plants and a tire sales and logistic center in Hungary. By choosing Debrecen as the seventh Hungarian location, Continental is increasing the…

Introduction: DENSO is expanding its U.S. footprint with a $1 billion investment in its Maryville, Tennessee location. The investment is part of DENSO’s commitment to advancing automotive innovation in North America, and will significantly increase the role North America plays in the global trend toward vehicle safety and electrification. Features:…

Introduction: Toyota to invest $373.8 million investment in five U.S. manufacturing plants that will support production of its first American-made hybrid powertrain and to implement Toyota's New Global Architecture (TNGA) at its Alabama plant. Features: The investments will include adding new production of hybrid transaxles (hybrid vehicle transmissions) at the…

Introduction: Ford to invest $350 million in its Livonia Transmission Plant, adding a new transmission to expand its lineup of fuel-efficient powertrains as part of the company’s plan to fortify its core automotive business. Features: The investment supports production of a new, advanced transmission for front-wheel-drive vehicles. This transmission will…

Introduction: Daimler to invest around 600 million euros into its commercial vehicle business in Brazil over the next five years. This underlines the strong commitment of the largest manufacturer of commercial vehicles in Latin America to the Brazilian market. Features: The investments are going into the modernization of the product…