Halla Visteon Climate Control to Begin Production at New Plant in Central Mexico

VAN BUREN TOWNSHIP, Mich., Sept. 12, 2014 /PRNewswire/ -- Halla Visteon Climate Control Corp. (KS: 018880) plans to start production this month at a new plant in central Mexico to support its growing business with global vehicle manufacturers in the region.

The new manufacturing facility in the State of Queretaro will manufacture automotive heating, ventilation and air conditioning (HVAC) units for automakers. Initially, it will have the capacity to produce more than 260,000 units annually, with the capability to expand to more than 500,000 units per year.

"We are pleased to launch this new facility and expand HVCC's global footprint," said YH Park, HVCC president and CEO. "The strategic location of this facility will strengthen the company's ability to support vehicle manufacturers located in central Mexico and help meet the needs of our customers for local content."

HVCC currently has three wholly owned manufacturing operations in Ciudad Juarez, located in northern Mexico. The new manufacturing facility, Climate Systems Mexicana, S.A. de C.V., in Queretaro, is furthering the company's global reach to serve the growing number of automakers in Mexico.

About Halla Visteon Climate Control
Halla Visteon Climate Control (HVCC) is a full-line automotive supplier of thermal energy management solutions. Products include heating ventilation and air conditioning; compressors; powertrain cooling; fluid transport; and electric, hybrid and fuel cell vehicle thermal systems. With 35 manufacturing sites supported by four global technical centers in 19 countries, HVCC employs more than 15,000 people.

HVCC is a 70-percent owned subsidiary of Visteon Corporation (NYSE: VC) and is traded on the Korea Stock Exchange. Learn more at www.hvccglobal.com.

About Visteon
Visteon is a global automotive supplier delivering value for vehicle manufacturers and shareholders through two high-growth core businesses: automotive cockpit electronics and thermal management. Visteon owns 70 percent of Halla Visteon Climate Control Corp., the world's second largest provider of vehicle thermal management solutions. Visteon designs, engineers and manufactures innovative components and systems for virtually every vehicle manufacturer worldwide. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Chelmsford, UK; Visteon has facilities in 31 countries and employs about 29,000 people. Visteon had sales of $7.4 billion in 2013. Learn more at www.visteon.com.

SOURCE Halla Visteon Climate Control Corp.

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