DETROIT—Approximately 25 percent of automotive suppliers are running close to 100 percent capacity, according to the latest data from the Original Equipment Suppliers Association.
NORTH CHARLESTON, SC—Auto parts supplier Weber Automotive will build $51 million assembly plant here. The facility is expected to employ 84 people over the next four years.
FULTON, KY—Kayser Automotive Systems will spend $17.5 million to build an assembly plant here. Expected to employ 121 people, the facility will produce parts for engines and fuel tanks.
CANTON, MS—Nissan will build a 1 million-square-foot campus for its suppliers just north of the its assembly plant here. The facility could create 800 to 1,000 jobs.
WASHINGTON—Panasonic Corp. agreed to plead guilty to price-fixing allegations involving automotive parts sold to Toyota, Honda, Mazda and Nissan, the U.S. Justice Department said Thursday. Panasonic will pay a $45.8 million criminal fine.