Valeo and V. Johnson Enterprises form JV to acquire Ford's HVAC operation

  • 30-Oct-2012 10:12 EDT

Valeo and V. Johnson Enterprises have formed a joint venture named Detroit Thermal Systems (DTS) to acquire the last operation in Ford's Automotive Components Holding unit—the climate-control business on Sheldon Road in Plymouth, MI. In addition to that Oct. 29 announcement, DTS also indicated that the company has selected a building in Romulus, MI, to serve as its primary manufacturing facility. The new supplier said it will refurbish the facility and install equipment immediately. Ramp-up is expected by the third quarter of 2013, and annual capacity is projected at more than 2 million HVAC systems.

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