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Economy and Business


Chinese auto parts maker to invest $200 million in Dayton-area plant
Fuyao plans to buy 1 million square feet, hire 800 people to work in the old GM plant in Moraine
by WKSU's M.L. SCHULTZE
and STEVE BROWN


Web Editor
M.L. Schultze
 
The Moraine plant outside Dayton has been largely abandoned since GM shut it down nearly five years ago.
Courtesy of LEWIS WALLACE
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In The Region:

A Chinese auto-glass maker is expected to hire up to 800 people to work at what had been a massive GM plant outside Dayton. 

Gov. John Kasich made the announcement this morning that Fuyao (pronounced “fwee ow”) Glass is buying more than a million square feet of space in the Moraine plant that was shuttered just before GM went bankrupt nearly five years ago. 

Fuyao’s $200 million investment is believed to be the ninth largest Chinese investment in manufacturing in the U.S., and the largest in Ohio.

Kasich says the announcement is a needed reversal of the Dayton area's recent ill fortunes. 

 

 

LISTEN: Kasich on reversal

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"General Motors shut the Moraine plant down. NCR left Dayton. They've been pummeled over a period of years, but we're now beginning to see some really good news for the Dayton area."

Operations are expected to begin in late 2015. 

Developer Stu Lichter’s Industrial Realty Group bought the Moraine plant three years ago. Lichter has invested in similar projects in Northeast Ohio – including the old Hoover plant in North Canton, Goodyear in Akron and the Ford in Lorain.

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