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Autoliv Expands in the U.S. - Increases capacity for sub-components to meet growing demand
Thursday, 22 November 2012Autoliv Inc. says it is adding a sixth processing facility at its Promontory, Utah location to meet growing demand for airbag gas generant. This comes in addition to the recently announced new propellant factory in China.
The company also announced plans to expand its Tremonton, Utah facility to keep pace with market growth for initiators and micro gas generators used in its airbag and seatbelt products, according to a press release.
The new facility in Promontory will add 20% more capacity to Autoliv’s existing global gas generant production capabilities. This capacity increase will position the company to take advantage of growing worldwide demand for Autoliv airbag inflators. Capital investment is expected to cost approximately $13 million.
Only four weeks ago, Autoliv announced another expansion of it’s global airbag propellant capacity. It is a completely new facility in China that will raise this capacity by 25% on top of the enlargement of the U.S. facility. This is an investment of $33 million, Autoliv’s single largest capital expenditure ever.
Read more from Autoliv here
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