Sulzbach, Germany (ots-PRNewswire) - Lear Corporation (NYSE: LEA)
today announced plans to establish a new manufacturing facility in
Zwiesel, Germany, as part of the company's ongoing expansion in
The new facility will produce injection-molded components for hard
trim, doors and instrument panels for installation in vehicles built
by General Motors Corp., DaimlerChrysler AG, Porsche AG and
Volkswagen AG. Lear will employ approximately 170 people at the new
operation when it begins official production next year.
"This new venture in Zwiesel demonstrates Lear's commitment to our
European customers and the region's automotive market," said Kenneth
L. Way, Lear Chairman and Chief Executive Officer. "We are pleased
with the level of support and cooperation we have received from the
local government to establish this new operation."
Lear currently employs nearly 4,000 people in Germany at 18
locations, including the company's international headquarters located
in Sulzbach, Germany.
Lear Corporation, a Fortune 150 company headquartered in
Southfield, Mich., USA, focuses on automotive interiors and
electronics and is the world's fifth-largest automotive supplier.
Sales in 1999 were $12.4 billion. The company's world-class products
are designed, engineered and manufactured by more than 120,000
employees in over 300 facilities located in 33 countries. Information
about Lear and its products is available on the Internet at
ots Original Text Service: Lear Corporation
Contact: Malene Pickles, PR Manager - Europe, 49-0-6196-7032-554, or
Andrea Puchalsky, Director - Corporate Communications, 248-447-1651,
both of Lear Corporation
Company News On-Call: http://www.prnewswire.com/comp/518304.html
fax, 800-758-5804, ext. 518304
Web site: http://www.lear.com
Original-Content von: Lear Corporation, übermittelt durch news aktuell