Behr GmbH & Co. KG forms a 50/50 joint venture, Dongfeng Behr Thermal Systems Co. Ltd., with Dongfeng Motor Co. Ltd. Based in Wuhan, China, it will produce radiators and engine cooling modules for trucks. A new plant will be built in Wuhan for the JV, which also will include the former Dongfeng Radiator Co. Ltd. operation in Shiyan, China. Investment is about $48 million over the next three years, says Behr. Lear Corp. will acquire GHW Grote & Hartmann GmbH for about E180 million ...
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