US: Nexteer to invest US$150m in Saginaw

Nexteer Automotive will invest US$150m at its Saginaw, Michigan operations. This investment is expected to retain more than 1,000 jobs. Nexteer has attributed the move to increased demand for electronic power steering (EPS) technology. The company says a major focus of this investment will pertain to expanding and upgrading its testing Subscribe to Automotive World … Continued

• By Webmaster
• October 31, 2011