Focusing on Asia, Autoliv Makes First Investment in Vietnam – Autoliv (NYSE: ALV)
Autoliv Inc ALV There are plans to build a new airbag cushion and fabric plant in Vietnam to focus on Asia. This is the first Autolive investment in Vietnam. The company expects the investment to meet the expanded airbag production needs of the growing Asia market. The facility will be built in the Amata City Ha Long Industrial Park, located in the northern part of Vietnam. The area of the site will be approximately 90,000 sqm. The company expects the new production facility to begin producing airbag cushions for its...