Faurecia will build zl. 150 mln plant in Walbrzych SSE

French company Faurecia, which produces automotive components in Grojec, will build another production plant in Walbrzych's Special Economic Zone (SSE) at a cost of zl. 150 million. It is part of Faurecia's plan to increase its turnover in Poland to zl. 1 billion a year by 2004. "We will increase the factory's production space and we will equip it with a more modern technology line," said Faurecia management board president in Poland Alain Paillet. The company plans to spend zl. 50 million in Poland on investments yearly until 2004. Faurecia also plans to increase employment from 650 people to about 1,500 by 2004. Construction of the new plant will be finished in October 2001. The company will also expand its Grojec plant by 4,500 square meters and increase employment there by 150 people to 800 by the end of this year. (Puls Biznesu, page 1, 3) M.M.