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Automotive News, August, 2004

Autoliv to make steering wheels in China plant

STOCKHOLM - Autoliv Inc. is establishing a steering wheel production plant in China. The supplier says it will be the company's global steering wheel plant.

Autoliv is spending $10 million on the project. Production, which will begin next year, will be 1 million units annually, though there is the potential to increase that to 2 million within three years.

The plant will be Autoliv's sixth manufacturing plant in China.

Autoliv is a safety systems supplier based in Sweden.

Amcast sale will pay down debt

DAYTON, Ohio - Amcast Industrial Corp. has completed the sale of most of the assets of its Flow Control operation to an Aalberts Industries N.V. subsidiary.

...

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