Fuyao Glass America is to invest $46 million into its Moraine, near Dayton, Ohio plant, USA.
The project includes investment for research and development, as well as purchasing equipment to help produce more after-market auto glass for companies such as Safelite, which is based in nearby Columbus.
The investment will create 100 new jobs and bring the employment level at the plant to 2400 employees.
The company also will acquire an additional 161,000ft2 at the Moraine facility.
“The automotive industry is global, and without our initial investment in the US, Fuyao wouldn’t have been able to grow and support our many great customers,” Fuyao Chairman Cho Tak Wong (pictured) said.
Fuyao Glass America earned its largest profits in 2019 and is preparing for continued growth.
