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

by Shivani Kumaresan, Benzinga Staff Writer
September 23, 2021 11:55 AM | 26 seconds read |
  • 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.
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