Amberg, Germany - Seating and auto interiors specialist Grammer AG plans to invest in a new production facility in North America in 2013 after its NAFTA region sales grew 30 percent in 2012.
The German company said its ongoing growth in North America is being fuelled by "numerous new product launches and successful acquisition of new projects" and the company planned to "secure this momentum" by expanding.
A spokesman for the company told UTI that Grammer is currently looking into a suitable location, either in Mexico or the US. The company has not yet made a decision in terms of investment nor whether the expansion will involve an existing facility or a greenfield site.
Grammer currently generates some 20 percent of its sales through automotive business in the North American Free Trade Agreement (NAFTA) region. In 2012, revenues from interior components were up 30 percent from 2011, it added in a 15 Jan news release.
Grammer Automotive in North America produces products for US manufacturers, as well as for German premium carmakers that are produced in the NAFTA region. The company has a sales office in Troy, Michigan. Headdress, armrests and centre consoles are produced at Grammer's two plants in Mexico.