September 21 (SeeNews) - Canadian car parts manufacturer Liberty Spring said it has opened a springs factory in western Romania - its first production unit in Europe.
The factory located in Giarmata, 13 km from the city of Timisoara, was opened at the end of August and has two production lines, Liberty Spring said in a press release earlier this month.
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"This new factory allows us to be closer to major car manufacturers and Europe's no. 1 suppliers," Liberty spring CEO and president Mathieu Ouellet said.
The value of the investment was not disclosed.
One out of every two cars manufactured today contains at least one part made in one of Liberty Spring's factories, according to the company's latest research.
Headquartered in Montmagny, Quebec, Liberty Spring is specialized in the manufacture and assembly of springs intended for the automotive vehicle and recreational vehicle markets. The company operates factories in Montmagny, Querétaro (Mexico), Suzhou (China) and now Giarmata (Romania), employing more than 700.
Liberty Spring also has representative offices located near Detroit and in Berlin.