Visteon Corp. is opening two new facilities in China in the next year, both to produce climate-control components and systems. In the first venture, the Tier I supplier is partnering with its Halla Climate Control business of South Korea to open a new $80 million compressor plant in the Dalian Industrial Center in northeast China. The 269,100 sq.- ft. (25,000 sq.-m) facility will supply air-conditioning compressors to major OEMs in China and the Asia/Pacific region. Visteon says there ...
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