Automotive
Automotive Supplier Plans Expansion of North Carolina Plant
Italian automotive supplier Magneti Marelli Powertrain Systems USA (Sanford, North Carolina) is planning an expansion of the company's manufacturing plant in Sanford.
Released Monday, January 24, 2011
Researched by Industrial Info Resources (Sugar Land, Texas)--Italian automotive supplier Magneti Marelli Powertrain Systems USA (Sanford, North Carolina) is planning a $15 million expansion of the company's manufacturing plant in Sanford. The company is part of Magneti Marelli SpA (Sesto San Giovanni, Italy), which is a subsidiary of Fiat SpA (PINK:FIATY) (Turin, Italy).
Expansion plans include improvements to the company's existing 250,000-square-foot manufacturing plant, the installation of three production lines and machinery. The new lines will build three fuel systems for Chrysler cars. Construction is anticipated to begin in the early summer, and overall completion is scheduled for the fall of this year or early spring 2012. Approximately 65 new jobs will be created, adding to the existing 290 jobs.
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View Project Report - 300025037
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