RIVERSIDE, Mo. (AP) - A Chinese firm plans to build an automotive parts factory in Riverside.
Missouri Gov. Jay Nixon announced Friday that the $45 million plant would create 263 new manufacturing jobs.
The plant will be owned by Yanfeng USA Automotive Trim Systems, a Michigan-based subsidiary of Yanfeng Visteon of China.
Construction of the 258,000 square-foot plant is expected to begin next month, with the plant expected to open in early 2014.
The plant will manufacture interior trim components such as door panels, floor consoles and instrument panels for the General Motors plants in Fairfax, Kan., and Wentzville, Mo.
The details on what economic incentives Missouri will offer Yanfeng were not immediately available.
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