Johnson Controls Inc will invest about US$90 million to build a plant for automotive batteries in east China.
The plant, at the Changxing economic development zone in Zhejiang Province, will have an annual capacity of 4 million automotive batteries, employing 350 employees, the United States company said yesterday. Construction will start next month, and production is set to commence in June 2010.
(Shanghai Daily December 17, 2008)
