TENNECO AUTOMOTIVE INVESTS $3 MLN IN EXHAUST SYSTEM PRODUCER
October 23, 2003
Source: BISNIS--Automotive Sector News
Tenneco Automotive of the United States has invested $3 million in the production of exhaust systems in Russia. The manufacturer Tenneco Automotive Volga, which is located in Togliatti, Samara region, officially opened on Wednesday, the company told the press.
The new company has the capacity to turn out 150,000 exhaust systems a year and hopes to increase this to 500,000 eventually.The exhaust systems will be sold to GM-Avtovaz and other companies in Russia.