STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Autoliv Inc. (NYSE: ALV and SSE: ALIVsdb), the global leader in automotive safety systems, will invest around $50 million in a textile center in China. The new center is needed to meet the strong demand for airbags in China and other Asian markets. The center will also make Autoliv even more competitive by reducing supplier costs through vertical integration. The textile center will consist of a weaving plant, an airbag cushion plant and a development
Reported by Business Wire 11 hours ago.
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