Autoliv Americas president Kevin Fox said the expansion was to meet growing customer demand.
Construction of the new facility is planned to begin in June and Autoliv expects the new plant to be operational by January 2022. Once completed, the 30,000 sq m facility would have capabilities that include armature casting, plastic and polyurethane injection molding, leather preparation and wrapping, final assembly, testing, and development.
It would also create up to 3,000 jobs.
Steering wheels are an integral part of vehicle safety restraint systems and play an important role in allowing the driver to operate a vehicle safely. The wheel itself is designed to absorb energy in a crash and the centre unit is where the driver airbag is mounted.
Over time, many vehicle controls and driver warning systems have been mounted on the steering wheel to provide greater comfort and control over the vehicle.
Autoliv is the world's leading producer of steering wheels for passenger vehicles. It has 16 manufacturing and assembly sites and four technical centers around the world that produce more than 20 million steering wheels annually.
Autoliv also operates a second plant in Matamoros, Mexico.
