Visteon to Expand Manufacturing Operations in Slovakia with Focused Factory for Kia
16 August 2005 - 12:07AM
PR Newswire (US)
KERPEN, Germany, Aug. 15 /PRNewswire/ -- Visteon Corporation
(NYSE:VC) announced today that it will expand its manufacturing
footprint in Eastern Europe by building a focused factory in
Dubnica, Slovak Republic, dedicated to supporting Kia. (Logo:
http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) Visteon's
just-in-time focused factory will deliver climate control
components to Kia for future vehicle models produced for the
European market. Start of production is planned for December 2006.
Kia is the second customer that Visteon will supply out of
Slovakia. Visteon and its Korean affiliate Halla Climate Control
(HCC) have been awarded substantial climate control business for
Kia's European operations, including the heating, ventilation and
air-conditioning module (HVAC), powertrain cooling module,
compressor, air-conditioning hoses and temperature controls.
Visteon will be Kia's main systems integrator for the climate
control system. Visteon's new Dubnica focused factory will be a hub
for the supply of all Visteon climate control content to Kia in
Slovakia, with components being manufactured across Visteon's
worldwide facilities, including Slovakia, Czech Republic and Korea.
"This new business award for Kia Motors is testimony of Visteon's
growing relationship with Hyundai-Kia Automotive Group, Visteon's
second largest customer worldwide," said Dr. Mathias Huettenrauch,
Visteon's director for the Asian customer business unit in Europe.
"Visteon's global product development, engineering and
manufacturing capabilities, as well as its ability to deliver
products just-in-time and on a global scale positions Visteon as an
important partner to Asian Hyundai-Kia Automotive Group. Visteon is
ideally positioned to service Hyundai-Kia not only in Asia, but
also in North America and Europe, where the car manufacturer is
increasing its market share." Visteon's focused factory in Dubnica
will be laid out for a capacity of 300,000 vehicle units at full
production by 2010 and can be expanded to higher production
volumes. The building will cover 3,800 square meters on 12,000
square meters of land. "The Dubnica facility will exclusively focus
on supplying the Kia program," said Dr. Karl Krause, vice president
of Visteon's European and South American manufacturing operations.
"We are tailoring our manufacturing, quality and supply-chain
processes around the individual requirements of our OEM customers.
Our customer focus is the reason we call our just-in-time plants
focused factories." Earlier this year, Visteon announced plans for
a manufacturing facility in Nitra, Slovakia. That facility is also
underway. Visteon's Nitra plant is designed to become an important
base for the production of plastics components for interior and
climate control products to supply car manufacturers located in
Eastern Europe. In Nitra, Visteon will also manufacture interior
components as a supplier to PSA Peugeot-Citroen. Visteon
Corporation is a leading, full-service supplier that delivers
consumer-driven technology solutions to automotive manufacturers
worldwide and through multiple channels within the global
automotive aftermarket. Visteon has about 70,000 employees and a
global delivery system of more than 200 technical, manufacturing,
sales and service facilities located in 24 countries.
http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO DATASOURCE:
Visteon Corporation CONTACT: Britta Lange, 49-2273-5952667, E-mail:
, or Vivien Ronco, 44-1268-701234, E-mail: , both of Visteon
Corporation Web site: http://www.visteon.com/
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