New plant will build rear-view systems for Fiat Chrysler, Ford, General Motors, Nissan, and Volkswagen
Spanish component supplier Ficosa has begun hiring for its new plant in Tennessee (United States), reports Automotive News. The new 270,000-square foot plant will build rear-view systems for Fiat Chrysler, Ford, General Motors, Nissan, and Volkswagen, according to a company statement. Annual output is planned at 4.5 million units per year. The plant, which is in the city of Cookeville, replaces a facility in Crossville, Tennessee; construction of the factory is complete, with production set to begin in October. The 500 people employed at the Crossville plant have been offered positions at the new site; the company reportedly plans to hire about 400 more workers.
Significance: A Ficosa spokesperson said that this was the first US plant the company had built rather than bought, and stated that it featured state-of-the-art technology used in the company's other worldwide facilities. The spokesperson said, "We've been successful enough in North America for long enough now [to build the plant]." Demand for rear-view systems is increasing in the US, driven by consumer demand but also by regulations. The US National Highway Traffic Safety Administration (NHTSA) has mandated that back-up cameras must be standard equipment on all cars in the US by May 2018.
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