Johnson Controls Inc. (JCI), the largest U.S. auto-parts maker, will open two plants in Serbia on Feb. 6 for making car seats and interiors to supply Fiat SpA (F)’s local factory.
The facility near Kragujevac, central Serbia, will supply Fiat Automobili Srbija, Fiat’s joint venture with the Serbian government that produces the 500L compact wagon, the company said in an e-mailed statement.
Source Bloomberg
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