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China's Fuyao Glass to invest $200 million in GM's former plant in Ohio
January 10, 2014 / 6:30 PM / in 4 years

China's Fuyao Glass to invest $200 million in GM's former plant in Ohio

(Reuters) - China’s largest automotive glass supplier Fuyao Glass Industry Co (600660.SS) will invest $200 million to set up a manufacturing facility at General Motors’ (GM.N) former assembly plant in Ohio.

A General Motors logo is seen on a Denali vehicle for sale at the GM dealership in Carlsbad, California January 4, 2012. REUTERS/Mike Blake

Fuyao Glass will create 800 jobs at the Moraine, Ohio plant over three years after the start of production at the end of 2015, according to a statement from the Ohio governor’s office.

The investment will be the largest ever made by a Chinese company in Ohio, according to the statement.

Reporting by Sweta Singh in Bangalore; Editing by Kirti Pandey

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