Commercial Vehicle Group To Invest ~$5M In Injection Molding Machines

Commercial Vehicle Group Inc's CVGI AdvancTEK division invests more than $5 million in two additional 2500 ton injection molding machines.
The two new machines will go into AdvancTEK's 97,000 square foot, IATF 16949 certified Injection Molding Center in Saltillo, Mexico.
The company noted this new investment is connected to new business wins in non-commercial vehicle markets.
Price Action: CVGI shares traded higher by 2.64% at $9.72 on the last check Thursday.