Ohio Gov. John Kasich announced on Friday that the Fuyao Glass Industry Group Co. Ltd – the largest automotive glass supplier in China, with 65 percent of the market and 18 percent of the global automotive glass market – will build its first North American automotive facility in Moraine. The project, supported by the efforts of JobsOhio, is expected to create approximately 800 new jobs during the next five years and will involve a $200 million investment in more than one million square feet of the former GM Moraine plant. The facility is expected to be manufacturing glass by the end of 2015. Based on information from the foreign investment tracking organization FDI Markets, the deal will be "the largest Chinese investment ever made east of the Mississippi River and the largest Chinese automotive industry investment ever made in the U.S. since records have been kept." For more, read the full news release.
Global automotive glassmaker to invest $200 million in a former GM plant in Moraine and create 800 jobs
