TOLEDO, Ohio, July 12, 2018 /PRNewswire/ — Faurecia Interiors, a global manufacturer of automotive interior systems with North American headquarters based in Auburn Hills, Michigan, announced plans today to open a new production facility in Toledo, Ohio.
The new facility will create more than 100 new jobs and officially begin production activity in April 2019, ramping up to full production within a few months. Faurecia will make an estimated investment of $11 million to begin operations in the 73,000 square foot plant.
"Faurecia is proud to open this new site and to provide new opportunities for local jobseekers," said Donald Hampton, Jr., president of Faurecia Interiors in North America. "We look forward to building on Toledo’s reputation for automotive expertise and excellence as we provide our customers with high-quality products."
"The positive momentum our city has right now is unmistakable, and big employers like Faurecia are taking notice," said Mayor Wade Kapszukiewicz. "Toledo is gaining a national reputation as a city that is on the rise."
"Faurecia becoming a part of Overland Parkway is another great addition for Toledo, bringing more jobs and helping with the revitalization of manufacturing in Toledo," said Ed Harmon, president of NAI Harmon and Harmon Development. "The Harmon Group is proud to play a part in this growth."
"Faurecia is a leading global supplier, and we welcome this new facility and the 100 jobs it will bring to Toledo," said Kristi Tanner, JobsOhio senior managing director for automotive. "This investment demonstrates the confidence Faurecia has in Northwest Ohio’s automotive manufacturing talent, and we look forward to seeing Faurecia’s continued success in the state."
The project is still contingent on final approvals at the state and local level. Faurecia plans to manufacture and assemble full instrument panels using the latest technologies in the proposed facility. The company currently employs more than 750 people in Ohio at its Clean Mobility facilities in Franklin, Toledo and Troy.
Founded in 1997, Faurecia has grown to become a major player in the global automotive industry. With 290 sites including 30 R&D centers and 109,000 employees in 35 countries, Faurecia is now a global leader in its three areas of business: automotive seating, interior systems and clean mobility. Faurecia has focused its technology strategy on providing solutions for smart life on board and sustainable mobility. In 2017, the Group posted total sales of €20.2 billion and value-added sales of €17.0 billion. Faurecia is listed on the Euronext Paris stock exchange and is a component of the CAC Next 20 index. For more information, please visit www.faurecia.com
With North American headquarters based in Auburn Hills, Michigan, Faurecia had sales of $5.3 billion in 2017 and employed approximately 20,000 people at 50 locations in Canada, Mexico and the United States.