Market Overview

Visteon Electronics Opens Manufacturing Plant in Rayong, Thailand

New facility supplies cockpit electronics to fast-growing automotive markets in Southeast Asia

RAYONG, Thailand, Oct. 16, 2013 /PRNewswire/ -- Visteon Electronics, a business unit of Visteon Corporation (NYSE: VC), today officially launched a new automotive electronics production facility in Rayong, Thailand.

(Logo: http://photos.prnewswire.com/prnh/20001201/DEF008LOGO)

Visteon Automotive Electronics (Thailand) Limited supplies instrument clusters, audio products and multi-function displays to Ford, Mazda, Nissan and Honda, including electronic clusters for motorcycles. The 4,700-square meter (50,600-square foot) site, with provisions for future expansion, on the Hemaraj Industrial Estate consolidates Visteon Electronics' manufacturing in Thailand and employs approximately 190 people.

"The new Rayong facility is a key contributor to Visteon Electronics' continued expansion and growth with vehicle manufacturers in Southeast Asia," said Steve Meszaros, president, Visteon Electronics. "Visteon has extensive local capability in the region which is one of the world's fastest growing automotive markets."

The plant incorporates a class 100k clean room with conductive floors, an injection molding shop, a durability test lab and metrology lab, among other facilities.

The Rayong facility strengthens Visteon Electronics' footprint in Southeast Asia, which includes manufacturing facilities in Chennai, India, and Jakarta, Indonesia; and engineering, software, design and development centers in Chennai and Pune, India. Initially established in 1998 as a combined interiors and electronics facility, Visteon Automotive Electronics (Thailand) Ltd. is well positioned to support the rapid growth in cockpit electronics content in both passenger vehicles and two wheelers in the region.

Visteon Electronics, a business unit of Visteon Corporation, is a leading automotive supplier of cockpit electronics that delivers innovative in-vehicle user experiences through solutions in user interfaces, connectivity and open architectures.  Supported by a global network of 16 manufacturing facilities, four technical centers and 11 customer centers, Visteon Electronics employs approximately 5,000 people in its consolidated operations.

About Visteon

Through this family of enterprises, Visteon designs, engineers and manufactures innovative components and systems for virtually every vehicle manufacturer worldwide, and these businesses generated more than $15 billion in sales in 2012, including unconsolidated operations. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Chelmsford, UK; Visteon has facilities in 29 countries and employs through its various businesses, including unconsolidated operations, approximately 55,000 people. Learn more at www.visteon.com.

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SOURCE Visteon

 

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