Japanese car-industry supplier Hi-Lex Corp is going to build its second European plant in Hungary, European director Mike Lewis and investment director of Hungarian Investment and Trade Development Agency (ITDH), Csaba Kilián announced in Budapest.
Hi-Lex Hungary Kft is going to produce electronic windows, manual gear-boxes and clutch-wires in its 6,500 square meter plant in the industrial park of Rétság (north Hungary). These components will be delivered to Honda, Suzuki, Toyota, Peugeot and Citroën. The investment includes setting up a laboratory to revise the components produced and the regional procurement center will be established there as well. The management of the subsidiary mostly consists of Hungarians; the engineers and technicians are being trained in the factory of Hi-Lex Corp in Wales. Future plans of the company include extending of the yard to 13,000 square meters.
Hi-Lex North American Group was established in 1978 in Battle Creek, Michigan, by Nippon Cable System, a major supplier of automotive and recreational electromechanical devices headquartered in Japan. The company expanded its market share significantly into control cables and by 1989, launched production of window regulators by establishing a plant in Litchfield, Michigan. In 1993, Hi-Lex opened a plant in Queretaro, Mexico, to support our expanding demand. Then by 1978, they established a new technical center in Troy, Michigan, to further support R&D efforts specific to the North American market. Today Hi-Lex continues to strengthen its presence in the industry by adding new products and developing new technologies. (Napi Gazdaság, hi-lex.com)