Mando’s Poland plant to feed parts to Europe

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Mando’s Poland plant to feed parts to Europe

Korean auto parts manufacturer Mando Corp. said yesterday it has started work on building a plant in Poland to increase its supply to automakers in Europe.

The plant in Walbrzych in southwest Poland will be completed by July 2012, the company said.

Mando plans to spend 80 million euros ($111 million) on constructing the plant, which will produce key auto parts such as brakes, suspension systems and steering wheels for the European operations of Hyundai and its affiliate Kia Motors, as well as for other European automakers like BMW, Renault and Peugeot Citroen.

At present there are 12 Korean carmakers, auto parts makers and auto sales companies in Poland.

Mando has nine overseas plants, including four in China and two in the United States. It is currently building a plant in Brazil.

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