No Result
View All Result
  • Private Data
  • Membership options
  • Login
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Home GREEN

TMG Automotive and Haartz Corporation to Invest in U.S. Manufacturing Facility in North Carolina for Automotive Interior Surface Materials

Cisionby Cision
June 30, 2025
Reading Time: 5 mins read
in GREEN, IBERIA
Share on FacebookShare on Twitter

GUIMARÃES, Portugal and ACTON, Mass., June 30, 2025 /PRNewswire/ — Today TMG Automotive of Guimarães, PT and Haartz Corporation of Acton, MA announce their joint venture TMG & Haartz Solutions (www.tmghaartzsolutions.com) and investment in a new manufacturing site for automotive surface materials. Strategically located in Bostic, NC, the facility will occupy the sustainably renovated former Milliken Golden Valley plant and will consist of nearly 300,000 square feet of world-class synthetic leather manufacturing space. Focused on the localized supply of surface materials for seat covers, instrument panels, door pillars, and shift gear boots, the joint venture will serve customers across the Americas with a combined automotive industry experience of more than 150 years. 

TMG & Haartz Solutions

“TMG is pleased to formally announce the next phase of a longstanding and successful partnership with The Haartz Corporation: the joint establishment of a new manufacturing facility in the United States,” said Jose-Antonio Texeira, Co-CEO of TMG Automotive. 

“This strategic decision is the result of a deep-rooted relationship built on mutual trust, aligned values, and a shared commitment to excellence in the automotive sector. Both companies have consistently demonstrated a strong understanding of the industry’s evolving demands and a dedication to delivering superior value to customers worldwide. 

The selection of the state of North Carolina as the location for this new facility reflects a careful and thorough evaluation of the conditions necessary to support sustainable growth, operational efficiency, and proximity to key markets. This investment will not only enhance our capacity to serve the North American automotive industry, but also reinforce our global supply chain and innovation capabilities. 

We are confident that this initiative will generate long-term benefits for our organizations, our employees, and the local communities in which we operate. It marks a significant step forward in our joint pursuit of industrial excellence and customer satisfaction.”

“Haartz is delighted to announce our joint effort with TMG, a strategic continuation of the great collaboration between our two companies,” said John Millea, President of The Haartz Corporation.

“Bringing a passion for innovation, creativity, and sustainable growth to North Carolina provides all of us with a great sense of excitement and optimism for the future. 

Haartz and TMG Automotive both know what it takes to support the automotive industry; our track records speak for themselves. Whether separately or together, our two companies have shown a willingness to tackle and solve the most complex of challenges. Adding Synthetic Leather capabilities in this region will expand our product offerings for customers in the Americas. 

TMG & Haartz Solutions is truly looking forward to engaging with the local community to bring a first-class manufacturing operation to a fantastic location in the Southeastern US.” 

TMG & Haartz Solutions unites the strengths of two family-owned leaders built on a shared legacy of innovation and over a century of high-performance materials expertise. By combining global experience with regional agility, TMG & Haartz Solutions seeks to deliver premium service while reducing the environmental impact of a global supply chain. Each and every product reflects a commitment to precision, local stewardship, and a lighter footprint—driving the next generation of automotive design. 

TMG & Haartz Solutions: Driven by Performance. Local by Choice. 

For more information, visit www.tmghaartzsolutions.com

TMG Automotive (TMG), a business unit of the TMG Group, is a world leader in automotive interior surface materials, notably synthetic leathers. The company’s headquarters is based in Portugal, São Cosme do Vale (V.N. Famalicão) and European operations are based in Guimarães and São Cosme do Vale (V.N. Famalicão), with an office in Shanghai. The company is also part of the HaMinGi joint venture of Ningbo, China alongside Haartz Corporation and Minth Group. First supplying materials to the automotive industry in 1971 and today accounting for more than 100 published patents, the company has established itself as a world leader in sustainable manufacturing, now employing over 750 people worldwide. For more information visit www.tmgautomotive.pt 

The Haartz Corporation (Haartz) is a world leader in highly engineered and uniquely designed convertible toppings and interior surface materials. The company’s world headquarters and North American manufacturing operations are located in Acton, Massachusetts, with additional manufacturing in Mannheim, Germany. The company also is part of HaMinGi – Ningbo, China, having joined with TMG Automotive and Minth Group in 2020. Beyond these manufacturing locations, Haartz maintains offices in Detroit, Munich, Tokyo, and Irapuato, Mexico. Employing over 400 people worldwide, Haartz has been a trusted automotive supplier since 1907, and continues to be privately owned and operated by the Haartz family. For more information, visit www.haartz.com. 

Media Contact: 
Brittany Bagnoli 
Corporate Communications 
+1-508-808-4364 
brittany@b-creativemarketing.com 

Logo – https://mma.prnewswire.com/media/2721185/TMG_Haartz_Solutions_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/tmg-automotive-and-haartz-corporation-to-invest-in-us-manufacturing-facility-in-north-carolina-for-automotive-interior-surface-materials-302494713.html

Read the orginal article: undefined

Gateways to Italy

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

by Partner
June 6, 2023

Sign up to our newsletter

SIGN UP

Related Posts

FRANCE

French startup Cosma raises €2.5 million for underwater imaging technology for marine biodiversity

June 30, 2025
GREEN

Google data center power use up 27%, emissions down 17% – report

June 30, 2025
GREEN

Regant Oy looks to develop data center in Mikkeli, Finland

June 30, 2025

ItaHub

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Italy’s SMEs export toward 260 bn euros in 2025

Italy’s SMEs export toward 260 bn euros in 2025

September 9, 2024
With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

April 23, 2024
EU’s AI Act, like previous rules on technology,  looks more defensive than investment-oriented

EU’s AI Act, like previous rules on technology, looks more defensive than investment-oriented

January 9, 2024

Co-sponsor

Premium

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

March 6, 2025
Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

February 10, 2025
Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Venture capital investments top €1.3bn in 208 rounds as of Sep30  in Italy. They were €1.5 in all 2023. The new BeBeez Report

Venture capital investments top €1.3bn in 208 rounds as of Sep30 in Italy. They were €1.5 in all 2023. The new BeBeez Report

October 28, 2024
Next Post

White & Case advises bank syndicate on OMV´s €750 million hybrid bond issuance

EdiBeez srl

C.so Italia 22 - 20122 - Milano
C.F. | P.IVA 09375120962
Aut. Trib. Milano n. 102
del 3 aprile 2013

COUNTRY

Italy
Iberia
France
UK&Ireland
Benelux
DACH
Scandinavia&Baltics

CATEGORY

Private Equity
Venture Capital
Private Debt
Distressed Assets
Real Estate
Fintech
Green

PREMIUM

ItaHUB
Legal
Tax
Trend
Report
Insight view

WHO WE ARE

About Us
Media Partnerships
Contact

INFORMATION

Privacy Policy
Terms&Conditions
Cookie Police

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHub
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • Login
  • Cart