Plastic Omnium has begun construction of two new plants in the US – one to produce auto exterior parts in Chattanooga (Tennessee) for the nearby Volkswagen plant nearby; the other to make fuel systems in Fairfax (Kansas) for the local General Motors plant.

These two new sites will increase the group’s market share in North America and will boost revenue from the region which was EUR1.4bn (US$1.90bn) in 2013 or 27% of the consolidated total.

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These two plants require a total spend of $70m and will be commissioned in the second half of 2015, eventually generating revenue of $140m a year.

Plastic Omnium currently has 15 plants in North America – five in the US, nine in Mexico and one in Canada.

The two new plants are part of a EUR1.2bn investment programme revealed for the 2013-2016 period, aimed at consolidating the supplier’s claimed world leadership for its two automotive divisions, external equipment (10% global market share) and fuel systems (22%).

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