Tier I auto supplier Nexteer planning $150M expansion

Oct 31, 2011 | 11:04 AM | Corinna Petry

Tags  Nexteer Automotive, plant investments, job retention, electronic power steering, Robert Remenar

CHICAGO — Nexteer Automotive, a Tier I automotive supplier that manufactures components for wheel-to-wheel advanced steering and driveline systems, plans to invest $150 million in its Saginaw, Mich., operations.

The upgrade and expansion is being driven by increasing customer demand for fuel-efficient electronic power steering (EPS) technology, the company said.....

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