The October "Stamping News Brief" featured an item about South Korean auto parts maker GNS Automotive buying the former Walway Enterprises of Holland, Mich., in December 2009 as part of its plan to better serve its main customer, General Motors, and move up the value chain from a Tier 2 to Tier 1 supplier.

Speaking to Detroit Free Press reporter Tom Walsh, GNS CEO Moon-Guy Kong, explained why he chose the U.S. and why Michigan. (more...)