China Automotive Systems Co., Ltd. Pacific Century (PacificCenturyMotors)'s steering system and transmission supplier NexteerAutomotive has announced that the company plans two plants located in Europe, Poland's investment of 50 million euros (about $ 72 million).

    It is reported that two factories are located in Bo Landi Black (Tychy) and special economic zones within Gregory Horowitz, close to the company's European vehicle assembly plant customers are producing steering systems related products.

    Nexteer company said the investment will enhance the capacity of these two plants in order to introduce in the next three years, three new projects to support.

    NexteerAutomotive's division president of Poland Treviso Mirsky (RafalWyszomirski) in a media interview AutomotiveWorld.com said, "This investment will Tychy plant Gregory Horowitz and set up a complete production line of new funding."

    Nexteer squeeze in about 9,800 worldwide employees, its 2010 global revenues of $ 2.1 billion.