Mexican Media Brands
Michigan Chassis Supplier to Build Plant in Czech Republic
Chassix Holding Inc. plans to build a 140,000-sq-ft casting plant in Ostrava, Czech Republic, that will supply aluminum chassis and powertrain parts to carmakers in Europe.
#aluminum
Share
Chassix Holding Inc. plans to build a 140,000-sq-ft casting plant in Ostrava, Czech Republic, that will supply aluminum chassis and powertrain parts to carmakers in Europe.
The Southfield, Mich.-based company is investing $50 million in the facility, which is due to open early next year. About 350 people are expected to be employed there.
Chassix, which makes suspension control arms, steering knuckles, transmission components, driveline yokes and wheel hubs, operates 24 plants in seven countries, including two other facilities in Europe. The company reported $1.2 billion in sales last year.
Owned by billionaire Tom Gores’ Platinum Equity LLC investment group, Chassix was launched in 2013 through the merger of Diversified Machine Inc. and SMW Automotive Inc. The new company reorganized under Chapter 11 bankruptcy protection in 2015.
RELATED CONTENT
-
Light Rider
When you think of the forthcoming LA Auto Show and Los Angeles in general, you may think of (1) very expensive, very large vehicles being piloted by very egotistical stars and (2) very jammed freeways full of the aforementioned, as well as numerous other vehicles of a less ostentatious variety.
-
Jeep Goes Gladiator
According to Tim Kuniskis, Head of Jeep Brand-North America, Jeep is the most-recognized vehicle on the planet, and while he is probably more than somewhat biased in this assessment, he is also probably right.
-
On French Concept, Inclusive Mobility, Nissan Frontier, and More
French conceptual mobility vehicles, VW addresses mobility for the disabled, a look at the 2022 Nissan Frontier, MINI surveys people about EVs, engineering the Sportster S engine, Honda’s avatar robot, and a driver shortage addressed