End Markets>>Automotive

German auto parts maker execs resign after Chinese acquisition

Members of the executive board of German parts manufacturer Grammer AG have resigned following the company's acquisition by its Chinese joint venture partner Jiye Auto Parts GmbH.

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China's Minghua planning additional facility in South Carolina

Auto parts maker Minghua USA Inc. is planning an investment of at least $29 million in an additional facility in Greer, S.C., that could result in 79 new jobs.

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China XD: Tighter Chinese credit hurts privatization push

Tightening credit in China is complicating efforts by U.S.-listed compounder China XD Plastics Co. Ltd. to take itself private, as well as denting its sales growth, according to company executives.

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Report: Expect auto tooling pace to pick up in second half of 2018

The North American automotive tooling sector has experienced a slower-than-predicted first half of 2018, with a significant amount of business pushed out to the second half, according to the second-quarter tooling barometer issued by the Original Equipment Suppliers Association and Harbour Results Inc.

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China's Rebo has big plans for US auto lighting growth

In the North American vehicle lighting market, one player's desire to cash out was the ticket for another player to join in.

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In China, Addivant says it's ready for tougher regs

At Chinaplas in Shanghai, additive behemoth Addivant was focused on what it called Beijing's increasingly stringent health, safety and environmental regulations.

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DuPont eyes $40 million upgrade to Chinese compounding plant

DowDuPont Specialty Products is boosting production and research in China with a $40 million upgrade to a compounding facility there, to satisfy the quickening pace of technological change there, especially in the automotive industry.

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China's TK Mold sees auto growth, frets over US-China trade war

Chinese mold maker TK Group (Holdings) Ltd. is laser-focused on North America, seeing both opportunities for new business and significant challenges from the threat of a trade war between the U.S. and China.

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Engel invests $13 million in Wintec expansion in China

Injection molding machine heavyweight Engel Austria GmbH is plowing 10.5 million euros ($12.9 million) into expanding capacity for its Changzhou, China-based Wintec subsidiary, the company announced in Shanghai on the eve of Chinaplas 2018.

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Chinese compounder invests $15 million in US site

Chinese thermoplastic elastomer maker Top Polymer Enterprise Ltd. is investing $15 million in a factory near Atlanta, its first outside China, as it makes a bigger push into the U.S. market.

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