Automotive Industry
Industry: Email Alert RSS FeedSimoldes in [euro]45m spend.(Suppliers)
Automotive News Europe, December, 2002 by De Oliveira, Paulo Soares
Byline: Paulo Soares de Oliveira
Portuguese supplier Simoldes will invest [euro]45 million in three new factories in Poland and China to open by the end of 2003.
In Poland, Simoldes will invest [euro]30 million in two sites in Gliwice. They will supply tools for the next Volkswagen Golf that will be built in Wolfsburg, Germany.
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The plants will also make plastic interior parts for assembly plants opening in eastern Europe, such as the PSA/Peugeot-Citroen joint venture with ...
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