Faurecia, North America's sixth-largest automotive supplier, announced it will start construction this year on a plant in Simpsonville, Kentucky. The facility will employ 410 people in the area. Production is scheduled to begin in February, 2016.
"We are very pleased to begin construction at the Greenfield site in Simpsonville and to welcome hundreds of new associates from the area to Faurecia," said Jacques Mauge, Chairman and CEO of Faurecia North America. "With existing Faurecia plants already producing interior systems and emissions control technologies in Louisville, our seating facility in Simpsonville expands Faurecia's company-wide commitment to this region. We are proud to be in Kentucky and to participate in the local community as a partner with Simpsonville residents."
"We're excited to see Faurecia grow in Kentucky by adding this new facility," said Gov. Steven Beshear. "I want to thank the company for its continued investment in the Commonwealth and for bringing scores of new jobs to the state. This announcement is another feather in the cap for our growing automotive industry."
Nik Endrud, President of Faurecia Automotive Seating, said the metro-Louisville area offers Faurecia the right skill set to meet customer needs.
"We continue to be very pleased by the experience and skill levels of the workforce in Simpsonville and the greater Louisville area," said Endrud. "I'm confident that this team will allow us to continue to grow in North America and strengthen our presence in the region."
With operations at 76 sites in 25 countries, Faurecia Automotive Seating is the world leader in the manufacture of high-performance seating mechanisms, global-standard frames and advanced mechatronics systems. The company ranks in the top three for production of complete seats and is renowned for its seating innovations that provide smart comfort solutions. North America is the second-largest region for Faurecia Automotive Seating, following Europe.
The 122,000 square-foot Simpsonville plant becomes the 38th Faurecia production site in North America. In all, Faurecia employs more than 20,000 people in the United States, Mexico and Canada.
Faurecia is the world's seventh-largest automotive equipment supplier, with four key Business Groups: Automotive Seating, Emissions Control Technologies, Interior Systems and Automotive Exteriors. In 2013, the Group posted sales of $24 billion. As of December 31, 2013, Faurecia employed 97,500 people in 34 countries at 320 sites, including 30 R&D centers. Faurecia is listed on the NYSE Euronext Paris stock exchange and trades in the U.S. over-the-counter (OTC) market.