Yanfeng Automotive Interiors announces new development in Laurens County
July 6, 2016
LAURENS COUNTY, SC – Yanfeng Automotive Interiors, the world’s largest supplier of automotive interior components, is establishing operations in Laurens County. The new development is expected to bring $71 million of new capital investment and lead to the creation of 35 new jobs.
The company will supply BMW with interior components, including door panels, instrument panels and floor consoles for multiple models built by the automaker.
Yanfeng Automotive Interiors is a supplier of instrument panels and cockpit systems, door panels, floor consoles and overhead consoles. Headquartered in Shanghai, the company has more than 100 manufacturing and technical centers in 17 countries and employs more than 28,000 people globally. Established in 2015, Yanfeng Automotive Interiors is a joint venture between Yanfeng Automotive Trim Systems Co., Ltd., a wholly owned subsidiary of Huayu Automotive Systems Co., Ltd. (HASCO), the component group of SAIC Motor Corporation Limited (SAIC Motor), and Johnson Controls, a global multi-industrial company.
The company recently completed the acquisition of Faurecia’s Fountain Inn, S.C. manufacturing plant located at 101 International Boulevard. The acquisition includes the existing 365,000-square-foot plant and its current employees.
“We are pleased to be part of the community and look forward to working with the employees at the plant, and expanding our relationship with BMW. We appreciate the partnership with our customers, as well as local and state officials, who are working closely with us as we transfer control of operations at this manufacturing facility,” said Vice President and General Manager of Yanfeng Automotive Interiors, North America Nathan Bowen.
Yanfeng Automotive Interiors will be expanding the plant by an additional 100,000 square feet to accommodate future new business.
“Yanfeng is another great addition for Laurens County. People are understanding Laurens County is a great place to live and work,” said Laurens County Council Chairman Joe Wood.
FIVE FAST FACTS
- Yanfeng Automotive Interiors is establishing operations in Laurens County.
- $71 million in new capital investment to create 35 new jobs.
- Yanfeng Automotive Interiors is a manufacturer of automotive trim systems for major OEMs and is the world’s largest automotive interiors supplier.
- The new development will be located at 101 International Boulevard, Fountain Inn, S.C. 29644.
- For more information, visit the company’s website at www.YFAI.com.
About Yanfeng Automotive Interiors
Yanfeng Automotive Interiors is the world’s leading supplier of instrument panels and cockpit systems, door panels, floor consoles and overhead consoles. Headquartered in Shanghai, the company has more than 90 manufacturing and technical centers in 17 countries and employs over 28,000 people globally. Established in 2015, Yanfeng Automotive Interiors is a joint venture between Yanfeng Automotive Trim Systems Co., Ltd, a wholly owned subsidiary of Huayu Automotive Systems Co., Ltd. (HASCO), the component group of SAIC Motor Corporation Limited (SAIC Motor), and Johnson Controls a global multi-industrial company. For more information, please visit www.YFAI.com.
