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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.
News For ALV From The Last 14 Days
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November 18, 2014
05:37 EDTALVAutoliv CEO Carlson increases stake by 22,000 shares
Jan Carlson, chairman, president and CEO of Autoliv exercised stock options for the purchase of 112,175 shares of Autoliv common stock. Carlson sold 90,175 of these shares and held the remaining 22,000 shares. The proceeds from these transactions will primarily be used by Carlson to cover Swedish taxes, to pay the option exercise prices and for other transaction expenses. By retaining 22,000 shares from the transactions that occurred on November 13 and 14, Carlson increased his aggregate holdings to 77,861 shares of Autoliv common stock.
November 12, 2014
12:10 EDTALVAutoliv management to meet with Buckingham
Meeting to be held in New York on November 13 hosted by Buckingham.

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