Detroit Manufacturing Systems http://michiganradio.org en Auto parts maker to buy plant in Saline, Michigan, employ 500 people http://michiganradio.org/post/auto-parts-maker-buy-plant-saline-michigan-employ-500-people <p>A French auto parts maker says it plans to buy a parts plant in Saline, Michigan. Faurecia SA says the interior components plant will be part of a joint venture.</p><p>From the <a href="http://www.mlive.com/newsflash/index.ssf/story/french-auto-parts-maker-expanding-reach-in/8590333a87f44f8d98f7195c325f5e61">Associated Press</a>:</p><blockquote><p>Faurecia and Rush Group announced Thursday that they&#39;re creating Detroit Manufacturing Systems, a joint venture to build and automotive interior components in Detroit.</p><p>The companies say the venture expects to employ about 500 people in Detroit within the next three years and will make parts at first for Ford Motor Co.</p></blockquote><p>Here&#39;s more from a Faurencia SA <a href="http://www.faurecia.com/pressroom/all-press-releases/Pages/Faurecia_to_acquire_FordACH_automotive_interiors_businessin_Saline_Michigan.aspx">press release</a>:</p><blockquote><p><span style="font-size:13px;font-family:arial">Faurecia will acquire the Saline business, which generates $1.1 billion annual sales supplying cockpit modules, instrument panels, door panels and center consoles for 12 vehicle programs assembled at eight Ford plants throughout North America. With this acquisition, Faurecia&rsquo;s objective is to create a new operation that is optimized for efficient production, in line with the Faurecia Excellence System.<br /> </span></p><p><span style="font-size:13px;font-family:arial">In conjunction with the Saline acquisition, Faurecia will enter into a new joint venture with Rush Group Ltd., one of the Rush Group of companies that together comprise one of the largest Native American and woman-owned businesses in North America. The joint venture, called Detroit Manufacturing Systems (DMS), will do injection molding, assembly and sequencing of interior trim components from a new facility in Detroit. Rush Group will hold the majority of the capital and the management of DMS, while Faurecia &ndash; with 45% of the capital &ndash; will bring its technology and manufacturing expertise to the joint-venture. As a result, the Saline plant will focus in the future on core technologies such as injection molding, skin manufacturing and foaming operations with annual revenues of nearly $400 million.</span></p></blockquote><p> Thu, 03 May 2012 15:26:17 +0000 Mark Brush 7319 at http://michiganradio.org Auto parts maker to buy plant in Saline, Michigan, employ 500 people