Latest Industry Projects

Introduction: BASF will continue to invest in its coatings site in Jiangmen, Guangdong Province in South China, by constructing a new facility for automotive refinish coatings that will start production in the first half of 2022. Features: “Guangdong Province is of strategic importance to BASF in Greater China,” said Zheng…

Introduction: General Motors plans to invest $1.5 billion to bring its next generation of midsize pickup trucks to market. Features: GM’s Wentzville truck plant will receive $1 billion of this investment to upgrade the facility in preparation for the new products. This investment is expected to retain about 4,000 good-paying…

Introduction: Hyundai Motor Company announced it has entered into a memorandum of understanding (MOU) with the Indonesian government to build its first manufacturing plant in the country. The company’s decision to invest in Indonesia will, in particular, support its growth into new ASEAN markets, securing future growth engines to help…

Introduction: Volkswagen of America marked the start of construction for its electric vehicle production facility. The Chattanooga site, where production begins in 2022, will be Volkswagen's North American assembly base for electric vehicles on the Modular Electric Drive Matrix (MEB). Featurers: The company also announced it intends to build a…

Introduction: Toyota is investing $391 million at its San Antonio truck assembly plant to better serve customers. Once complete, the plant’s total investment will exceed $3 billion. Featurers: This new investment at Toyota Texas is in response to strong customer demand and will make the plant even more competitive in…

Introduction: Hyundai Motor Manufacturing Alabama plans to invest an additional $292 million in new machinery and equipment at its plant in Montgomery, Alabama. Features: According to company officials the expansion will facilitate the production of redesigned Hyundai Elantra and Santa Fe vehicles and a new, more fuel-efficient Theta engine. The…

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…