GUARULHOS, BRAZIL -- Visteon is making a multimillion dollar investment to expand its interiors and electronics production capacity in Brazil.

 

Most of the investment will go toward expanding and modernizing Visteon's Arbor plant in Guarulhos, which produces instrument panels, consoles and other interior components. Visteon is also expanding its facility in Manaus, which makes electronics products including instrument clusters and audio systems, with a focus on serving original equipment vehicle manufacturers.

"We are increasing capacity and equipment to keep up with the demand, and to fully support new vehicle projects that customers have awarded us this year," said Alfeu Doria, Visteon's country leader for Brazil.

Visteon's goal is to increase its business in the country by 50% over the next three years, Doria said. Visteon has about 2,000 employees in Brazil and Argentina, and South America accounted for 6% of the company's global revenue in 2009.

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