Yanfeng Automotive Interiors, the world's largest supplier of automotive interior components, is establishing a new manufacturing facility in Belvidere, Ill., to support FCA US LLC. The new plant, opening in 2017, is expected to bring $28.1 million of new capital investment and lead to the creation of 400 new jobs.
The company will supply interior cockpit components to the Jeep® Cherokee, which will be built at the FCA US Belvidere assembly plant.
"We are pleased to be a part of the Belvidere community and support FCA in the production of the Jeep Cherokee," said Nathan Bowen, vice president and general manager, Americas, Yanfeng Automotive Interiors. "The opening of this facility further demonstrates our commitment to supporting our customers."
"Illinois has the best location and the best people in the country," Illinois Governor Bruce Rauner said. "Yanfeng's new investment confirms that by choosing Illinois to grow its local supply chain and create 400 new jobs. We are working every day to reform our government and political systems to improve Illinois' business climate to allow us to grow and create even more jobs. I thank Yanfeng Automotive Interiors for their continued commitment to Illinois."
About Yanfeng Automotive Interiors
Yanfeng Automotive Interiors is the world's leading supplier of instrument panels and cockpit systems, door panels, floor consoles and overhead consoles. Headquartered in Shanghai, the company has more than 100 manufacturing and technical centers in 17 countries and employs over 29,000 people globally. Established in 2015, Yanfeng Automotive Interiors is a joint venture between Yanfeng Automotive Trim Systems Co., Ltd, a wholly owned subsidiary of Huayu Automotive Systems Co., Ltd. (HASCO), the component group of SAIC Motor Corporation Limited (SAIC Motor), and Johnson Controls a global multi-industrial company. For more information, please visit www.YFAI.com.