Yanfeng USA Automotive Trim Systems, the Mich.-based subsidiary of Yanfeng Visteon of China, announced on Friday that it will invest $45 million to build a new 258,000 square-foot manufacturing plant in the Kansas City area.
The company's Riverside plant will manufacture interior trim components, including door panels, floor consoles and instrument panels for General Motors' assembly plants in Kansas City, Kan., and Wentzville, Mo.
The plant is expected to be operational in early 2014.
"Missouri offers Yanfeng USA an excellent business climate from which to serve our automotive customers, and we are excited to join the state's strong community of automotive companies," said David Wang, president of Yanfeng USA.
Founded in 1994, Yanfeng Visteon has more than 90 production facilities worldwide and exports products to 16 countries.
The Kansas City area is home to large-scale manufacturing operations for both GM and Ford, which have expanded to become the region's largest manufacturing employers.
"Our Kansas City region is seeing significant job creation from automotive industry suppliers due to the massive reinvestment from our local auto manufacturers including Ford and GM," said Bob Marcusse, CEO of the Kansas City Area Development Council.
