DEARBORN (dpa-AFX) - Faurecia announced that as part of its continued growth in North America and commitment to its long-term customer Ford Motor Co. (F), it will acquire the Saline, Mich. (USA), interior components business, which is currently operated by Automotive Components Holdings, LLC, or ACH.
Faurecia will acquire the Saline business, which generates $1.1 billion annual sales supplying cockpit modules, instrument panels, door panels and center consoles for 12 vehicle programs assembled at eight Ford plants throughout North America. With this acquisition, Faurecia's objective is to create a new operation that is optimized for efficient production, in line with the Faurecia Excellence System.
Copyright RTT News/dpa-AFX
