[Ferro-alloys.com]Faurecia signs cooperation agreement with FAW Foundry for the development of magnesium alloy seat frames.
Faurecia, the world's sixth largest automotive equipment supplier, signed a three-year cooperation agreement with FAW Foundry in Changchun (China), for the development of magnesium alloy seat frames. The agreement, signed in the presence of Yann Delabrière, Chairman and CEO of Faurecia, Jean-Michel Vallin, President of Faurecia China, and Sun Feng, General Manager of FAW Foundry, marks a new milestone in Faurecia's business and technology development in the seat frames business and with China's FAW Group.
Through this project, Faurecia expects to further cut-down the weight of automotive seats, reducing the environmental impact as well as to consolidate its leading position in automotive seating.
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