Visteon / Halla to Start Production in Turkey.(Company Profile)
PR Newswire Europe, March, 2006
GEBZE, Turkey, March 7 /PRNewswire/ -- Visteon Corporation (NYSE: VC) has launched production of automotive climate control components and systems in Turkey, continuing to diversify its manufacturing presence in Europe's growing automotive market. The new facility is operated by Visteon's Korean affiliate Halla Climate Control Corporation (HCC) - Visteon owns 70 percent of the equity shares of HCC, which is listed on the Korea stock exchange.
The plant, located in Gebze, manufactures and assembles heating, ventilation and air-conditioning (HVAC) units and cooling modules for the sub-compact Hyundai Accent. The Accent is produced by Hyundai's Turkish manufacturing operations in Izmit.
The new Visteon/Halla Climate Control plant initially employs...
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