SHANGHAI, June 5, 2012 /PRNewswire/ -- Visteon
Corporation (NYSE: VC) today celebrated the expansion of its
Yanfeng Visteon Automotive Electronics (YFVE) manufacturing
facility in Shanghai, China. The
expansion will help the Visteon electronics joint venture support
rapidly growing customer needs.
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"The plant expansion further strengthens our already formidable
electronics capability in China,"
said Steve Meszaros, Visteon product
group president. "YFVE is one of Visteon's longest-standing joint
ventures in China. We remain
committed to supporting its future growth by bringing global
advanced technology and world-class manufacturing management
experience and practices."
The expansion more than doubles the size of the plant to
approximately 30,000 square meters (323,000 square feet); the
facility now can accommodate up to 1,300 employees. The plant
produces a full product range including driver information, audio
and infotainment, and center stack controls. The expansion boosts
the plant's yearly capacity by almost 50 percent and allows it to
incorporate more world-class manufacturing equipment and processes
for improved operational efficiency.
"The expansion of our Shanghai
plant enhances our capabilities to better serve our customers with
the highest quality products," said Decio Mendao, general manager
of YFVE. "It truly demonstrates our commitment to continuously
deliver exceptional value."
Established in 1994, YFVE is a market leader in automotive
electronics in China, designing
and manufacturing a full range of automotive electronics components
and systems for both domestic and overseas markets. YFVE has five
manufacturing facilities in China
and a world-class technical center in Shanghai. It serves a wide range of both
international and domestic Chinese automakers.
Visteon is a leading global automotive supplier that designs,
engineers and manufactures innovative climate, electronic, interior
and lighting products for vehicle manufacturers. With corporate
offices in Van Buren Township,
Michigan. (U.S.); Shanghai,
China; and Chelmsford, UK;
the company has facilities in 27 countries and employs
approximately 25,000 people. Learn more
at www.visteon.com.
SOURCE Visteon Corporation