Fuyao Glass Industry Group chairman and founder Cao Dewang recently announced the company plans to purchase the former General Motors Assembly in Moraine, Ohio, to build its first N American automotive glass manufacturing faciltiy. The company will invest US$ 200M in the plant and plans to bring 800 jobs to the area over the next five years. "We appreciate Ohio's strategic location, workforce and pro-business environment in making this decision to open our new facility," said Dewang in a statement. "We are making such an investment in Moraine to better service our important OEM customers in the US and N America." The company plans to begin glass manufacturing by the end of 2015. Fuyao is the largest automotive glass supplier in China with 65% of the market and 18% of the global automotive glass market. The company currently has a presence in the USA, Germany, Russia, Japan, S Korea, Australia, Brazil, and many other countries. Fuyao, headquartered in Fuzhou, China, employs over 18,000 workers globally and plans to use its new Moraine facility to supply its growing US customer base, including General Motors, Chrysler, Hyundai, Honda and Kia. Globally, the company provides batch OEM supplies for Audi, Bentley, VW, GM, Ford, Toyota, Honda, Nissan, PSA, Volvo, Hyundai and Chrysler.
