Riverside has landed an automotive parts factory that’s expected to employ 263 workers manufacturing interior trim components for General Motors vehicles assembled at plants in Fairfax and Wentzville, Mo.
The $45 million project by Yanfeng USA Automotive Trim Systems, a Chinese firm, was announced Friday morning by Missouri Gov. Jay Nixon. Construction of the 258,000 square-foot plant is expected to begin next month with operations starting in early 2014.
“Yanfeng’s decision to build a new production facility in Riverside and create 263 new manufacturing jobs is more excellent news for our state’s automotive industry sector and economy as a whole,” Nixon said.
The plant will be built in the Riverside Horizons Business Park being developed by NorthPoint Development along the Missouri River.
“this is another example of the NorthPoint and Riverside team working together to win this project,” said Brent Miles, vice president at NorthPoint. “It adds value to the Horizons Park, especially as it relates to automotive suppliers.”…