Auto-Parts Makers Invest in Mexico, China on Production Strength – Wall Street Journal

Posted: Friday, June 10, 2016

Three top auto-industry suppliers are investing a combined almost $500 million in two of the biggest vehicle production hubs—China and Mexico—in new signs of confidence that global demand for cars will continue to rise.

Milwaukee, Wis.-based Johnson Controls Inc. said Thursday it has formed a joint-venture with a Chinese parts maker to build its fourth automotive battery manufacturing plant in that country. The $200 million facility, slated to open in 2019, will employ about 650 people. The plant will produce both…

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