Fuyao Glass Industry Group chairman and founder Cao Dewang announced the company plans to purchase the former General Motors Assembly in Moraine, Ohio, to build its first North American automotive glass manufacturing facility.
The company will invest $200 million in the plant and plans to bring 800 jobs to the area over the next five years.
“I think this is a great opportunity for Fuyao to increase its presence in America,” says Jamie Browning, contributing editor for glassBYTEs.com™. Browning spent a year with Fuyao in China as a senior technical advisor from 2011 to 2012.
“I was able to see first hand their level of commitment to quality during my time with Fuyao in Beijing. This is a positive step for new jobs in America by Chinese companies,” he adds.
To watch the press conference of the announcement, you can also click here.
“We appreciate Ohio’s strategic location, workforce and pro-business environment in making this decision to open our North American facility,” says Dewang in a statement. “We are making such an investment in Moraine to better service our important OEM customers in the United States and North America.”
The company plans to begin glass manufacturing by the end of 2015. The project still needs to undergo the due diligence process on the building and gain approval of federal, state and local incentives.
Fuyao is the largest automotive glass supplier in China with 65 percent of the market and 18 percent of the global automotive glass market. The company currently has a presence in the U.S., Germany, Russia, Japan, South Korea, Australia, Brazil, and many other countries in the world.
Fuyao, headquartered in Fuzhou, China, employs more than 18,000 workers globally and plans to use its new Moraine facility to supply its growing U.S. customer base, including General Motors, Chrysler, Hyundai, Honda and Kia.
And globally, the company provides batch OEM supplies for Audi, Bentley, Volkswagen, GM, Ford, Toyota, Honda, Nissan, PSA, Volvo, Hyundai and Chrysler.
Officials from Fuyao North America declined to comment at this time.