Auto supplier inks Asia marketing deal
Hennessy Industries, a La Vergne-based maker of wheel weights, balancers and related parts, has contracted with a New Jersey export management company to help it build a book of business in East Asia and the Pacific Rim. Hockman-Lewis has a staff of about 10 traveling salespeople who represent more than 20 manufacturers from all over the world.
Auto supplier to set up shop inside Nissan's shop
Auto supplier adding plant in Maury County
Sekisui Plastics will build a second plant in Mt. Pleasant that is expected to create 25 jobs in the coming four years. The project for the maker of foamed plastic products is valued at $3 million.
“After years of success with our Mt. Pleasant facility and with the available, qualified workforce in Maury County, it was an easy decision to expand Sekisui Plastics in Mt. Pleasant,” Robert Voytko, vice president of operations control, Sekisui Plastics, said. “We look forward to continually growing in Tennessee.”
Auto supplier plans Gallatin expansion
Local exec named CFO of $200M auto parts maker
Auto parts manufacturer comes to La Vergne
Automotive supplier plans 'Boro plant
Auto glass maker bringing HQ jobs to town
Good prospects for auto suppliers
Barclays Capital analyst Brian Johnson says investors should pile into shares of car makers and their suppliers despite the lingering supply-chain uncertainties. The industry's fundamentals are solid, he says, and manufacturers are able to hike prices. That bodes well for Tennessee's 40,000-employee automotive manufacturing sector, which comprises Nissan, GM and Volkswagen as well as more than 900 suppliers.
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