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Automotive supplier Magna Seating is planning a 300,000-square-foot manufacturing plant and 500 new jobs in Auburn Hills near the Orion Assembly Plant of customer General Motors Co.The $100 million just-in-time seating plant is expected to be built on 40 acres at 1700 Brown Road, according to an…
Lear (NYSE:LEA – Get Rating) had its target price lifted by Morgan Stanley from $133.00 to $135.00 in a report released on Wednesday morning, Benzinga reports. Morgan Stanley currently has an equal weight rating on the auto parts company’s stock. A number of other equities research analysts also recently weighed in on LEA. Cowen lifted […]
DNB Asset Management AS decreased its holdings in Lear Co. (NYSE:LEA – Get Rating) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,839 shares of the auto parts company’s stock after selling 334 shares during the period. DNB Asset […]
DAVCO Technology, based in Saline, has named transportation industry veteran Scott Montesi as its new president.
Lear Corp. will fill the remaining 268,000 square feet at the former Cadillac Stamping Plant on the city's east side, the company confirmed. A building permit for about $1 million of construction work was issued for the site last Tuesday, according to Detroit building permit records.