Linamar, Georg Fischer JV plans US$200M castings facility in North Carolina
GF Linamar LLC will make large, light metal high-pressure die castings for powertrain, driveline, and structural components
HENDERSON COUNTY, N.C.—Linamar Corp. and GF Automotive, a division of Georg Fischer AG, today announced that they have selected Henderson County, N.C. as the location for GF Linamar LLC’s new jointly-owned aluminum die casting plant.
The new entity named GF Linamar LLC will provide large, light metal high-pressure die castings for powertrain, driveline, and structural components to the NAFTA automotive market.
Governor Pat McCrory, North Carolina Commerce Secretary John E. Skvarla, III, the Economic Development Partnership of North Carolina (EDPNC), and the Henderson County Board of Commissioners joined executives from GF and Linamar in announcing the arrival of 350 manufacturing jobs in Henderson County over the coming five years. GF Linamar LLC will invest more than $200 million in a new facility in the Town of Mills River in two phases over the next seven years.
The plant is scheduled to begin production mid-2017 and will provide integrated casting and machining solutions to automotive, industrial and commercial customers. Together, the parties will utilize combined resources and capabilities to provide light-weight best-in-class solutions for large powertrain, driveline and structural components. In addition, Linamar plans to offer machining services on site.
“We are very pleased to announce that we have selected Henderson County, North Carolina as the site of the GF Linamar LLC plant,” stated Linda Hasenfratz, CEO of Linamar. “This will be our fourth plant in North Carolina, an area where we have thrived thanks to a fantastic workforce and a great business environment. It is rapidly becoming an important hub for us to serve our customers in the southern US and North America overall.”
“We appreciate very much the warm welcome and the support from the state of North Carolina and the Henderson County authorities,” commented Yves Serra, CEO of GF. “The location is ideal for us, and we look forward to a prosperous future for our joint venture in the US.”