A new facility for Valeo in North America.PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. ,--(BUSINESS WIRE)--Nov. 26, 1996-- Valeo has acquired a building in Hamilton, Ohio Hamilton is a city in Butler County, Ohio, United States. The population was 60,690 at the 2000 census. It is the county seat of Butler CountyGR6. 2005 estimates indicate a slight population increase to approximately 61,943. , to set up a new climate control systems production plant scheduled to become operational in Spring 1997. This new facility, dedicated to Valeo's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. customers, is designed to add support to Valeo's Greensburg, Indiana Greensburg is a city in Decatur County, Indiana, United States. The population was set at 10,260 in the 2000 census. The city is the county seat of Decatur CountyGR6. , plant specialized in the manufacture of heat exchangers where new investments are also forecast. Valeo plans to invest in the region of FF 100 million in Hamilton. The plant should employ around 300 people by 1998. Valeo already has 10 production plants in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. (the United States, Canada and Mexico) covering engine cooling, climate control, clutches, friction materials, lighting systems, wiper systems and electric motors. In 1996, Valeo will generate approximately FF 3.5 billion in sales in North America where the Group employs 2,300 people. Valeo is an independent supplier of automotive components and systems and is a partner to major car and truck manufacturers worldwide. With a sales objective of FF 28.5 billion in 1996 and a total workforce of 31,000 people, the Group ranks amongst the world's ten leading automotive supplier. CONTACT: Valeo SA Leticia Petrie,(33.1) 40.55.21.05 or Taylor Rafferty Associates Arnaud Robin, 212/889-4350 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion