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Stock Market & Financial Investment News

News Breaks
November 23, 2012
08:49 EDTALVAutoliv announces U.S. expansion plans
In addition to the recently announced new propellant factory in China, Autoliv announced it is adding a sixth processing facility at its Promontory, Utah location to meet growing demand for airbag gas generant. The new facility in Promontory will add 20% more capacity to Autolivís existing global gas generant production capabilities. Capital investment is expected to cost approximately $13M. The company also announced plans to expand its Tremonton, Utah facility to keep pace with market growth for initiators and micro gas generators used in its airbag and seatbelt products. The majority of floor space added in this $5M expansion is slated for new production lines which could supply up to 30% more capacity when the space is fully utilized. Current plans call for just two new lines to be completed in 2013 adding 10% more initiator capacity, the company said.
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February 16, 2015
14:48 EDTALVAutoliv raises quarterly dividend to 56c from 54c
Autoliv said its board declared a quarterly dividend of 56c per share for Q2, an increase of 2c per share from the previous level. The dividend will be payable on Thursday, June 4, to Autoliv shareholders of record on the close of business on Wednesday, May 20. The ex-date will be Monday, May 18 for holders of the common stock listed on the NYSE.

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