Faurecia expects to boost stainless purchases
Sep 27, 2012 | 04:14 PM
| Michael Cowden
Tags
Faurecia Emissions Control Technologies USA,
Daniel Prestel,
stainless steel,
exhaust systems,
Ford,
General Motors,
Chrysler,
michael cowden
CHICAGO — Faurecia Emissions Control Technologies USA expects to increase its purchases of stainless steel in coming years thanks to an anticipated increase in vehicle sales in North America and around in the world, according to a purchasing executive.
The division of Nanterre, France-based Faurecia SA is among the largest suppliers of auto exhaust systems in the world, with one of every four vehicles in North America sporting one of its systems, commodity purchasing director Daniel Prestel said.
While 41 percent of Faurecia’s sales originate in Europe, 34 percent now come from North America, a region where the company has seen "quite a bit of growth" in the past two to three years, Prestel said at AMM’s 26th annual Stainless and Its Alloys Conference in Chicago. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here