MONTGOMERY, AL—Nearly 20,000 people have applied for the 877 new jobs that Hyundai is filling for a third shift at its assembly plant here, and applications are still coming.
PARIS, TN—Dana Holding Corp. will spend $3.8 million to expand its oil cooler assembly plant here. The investment is expected to create 49 full-time jobs.
DETROIT—The global market for automobile sensors is expected to increase at a compound annual growth rate of 7.7 percent, reaching $22.1 billion by 2017.
DETROIT—North American sales of microelectric vehicles could reach 118,000 units by 2017, according a new report. Frost & Sullivan’s report predicts that sales could expand at a compound annual growth rate of 39 percent between 2010 and 2017.
MONROEVILLE, PA—Electric motor manufacturer American Mitsuba will invest $8.3 million to expand its logistics center here. The expansion will create 25 new jobs.