Delphi invests in electronics development
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Manufacturing News, Source : TheManufacturer.com
Published : 17 Dec 2002 20:22
Delphi Corp. has announced it will invest more than $243.5 million over the next three years in electronic product lines in Kokomo, Indiana.
The funding follows a corporate strategy of investment in electronics as the company shifts away from mechanical components and lower margin products, according to the company. Among the products targeted for investment are occupant detection systems, engine control modules, and integrated circuits. “Investment in our future is keeping us on the cutting edge of the electronics business,” said Jeff Owens, president of Delphi Delco Electronics. “Even through the recent economic downturn, Delphi’s been diligent not to cut its capital investments in strategic product lines.
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