Global automotive supplier Visteon Corp. has begun building a manufacturing and assembly facility in Eureka, Mo., to support new business in North America with automakers including Chrysler Group. The plant is expected to begin production in the summer of 2008 and employ about 200 people by early 2009.
The plant will initially will supply door panels, consoles and cockpits to Chrysler Group's St. Louis North Assembly Plant.
"Our significant business growth requires us to add strategic manufacturing capacity, and we're pleased to be creating new jobs in Missouri," Visteon President and Chief Operating Officer Donald J. Stebbins Stebbins said
The new Missouri facility will use innovative manufacturing processes designed to deliver interior products for in-sequence, just-in-time installation in vehicles, according to the company. Visteon's products and production processes are designed to reduce tooling costs, cycle time and scrap, while promoting recyclability.
Julie Fream, vice president of Visteon's North America customer groups, commended the efforts of state, regional and local officials in helping Visteon select the site. Visteon received property tax abatements, payroll tax incentives and training grants for the new facility. "We are very appreciative of the assistance and support received from the Missouri Department of Economic Development, the St. Louis County Economic Council and the St. Louis Regional Chamber and Growth Association," Fream said.