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Oct 26, 2022 12:00 EEST
October 26 (SeeNews) - US-based manufacturer ARC Automotive and China-based motor industry supplier Yanfeng have launched an automotive components factory in Skopje - a joint investment worth 30 million euro ($29.9 million), North Macedonia's government said.
The new factory, YFA Automotive, is located in the Technological Industrial Development Zone TIDZ Skopje 1 and will create 100 jobs, the government said in a press release on Tuesday.
ARC Automotive is a global manufacturer that offers a full range of inflation systems for motor vehicle airbags.
Yanfeng is a global automotive supplier, focusing on interior, exterior, seating, cockpit electronics, and passive safety. It has more than 240 locations and approximately 67,000 employees worldwide.
($ = 0.99 euro)
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