Nexteer Announces $7M For Plant Investment 7-27-2010 - WNEM TV 5

Nexteer Announces $7M For Plant Investment 7-27-2010

Nexteer Automotive announced a new investment that means more jobs for the Buena Vista Township auto parts supplier.
The company, recently purchased by a Chinese-based auto parts company, announced it has been awarded a new contract to build steering columns.
As a result, Nexteer said it is investing $7 million in its Saginaw County plant.
The company said the contract will help it implement a new steering column design that could help it land new contracts worldwide.
Work on the project is slatted to begin in 2012 and is expected to bring in 50 jobs.
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