Inteva Products, LLC Business Report FY ended Dec. 2016

Recent Years

Business Partnership

-In 2013, the Company and Guangzhou Echom Science and Technology Co. Ltd., entered a technical cooperation agreement. Under the agreement, both companies will combine resources and pool their expertise to develop and manufacture interior components for both Chinese and global vehicle platforms. (From a press release on October 15, 2013)

Joint Ventures

-In 2015, the Company announced that its joint venture with SL Corporation, Korean Door Systems (KDS), signed a new agreement which has given the Company majority ownership in the joint venture. Prior to this agreement, SL Corporation and the Company were equal partners in KDS. KDS currently engineers and manufactures products for the Closure Systems product line, as well as power folding actuators and glass actuators for outside mirrors for SL Corporation. Late in 2014, KDS began manufacturing its first components for the Motors & Electronics product line. KDS currently supports customers such as Hyundai, General Motors Korea, Ssangyong Motor, Volkswagen, PSA, Renault Samsung Motors and Renault. (From a press release on April 7, 2015)

-Shanghai Inteva Automotive Parts Co., Ltd., a joint venture between Shanghai SIIC Transportation Electric Co., Ltd. (STEC) and the Company, commenced production at its new Chengdu plant on May 23, 2012. The facility produces sunroofs for the new FAW-VW Jetta. According to SAIC VW's production plan, a total of 130,000 Jetta sunroofs were required in 2013. (From a press release on January 22, 2013)

-In 2011, the Company and SL Corp concluded an agreement to establish a joint venture called KDS Company, Ltd. (Inteva KDS). Prior to the opening of the new larger facility, KDS operated on the campus of SL Corp. Inteva KDS has approximately 300 employees serving customers such as GM Korea, Ssangyong Motor, Hyundai, Volkswagen and PSA. Inteva KDS is expanding its base of operations and product line capabilities in Korea with the opening of a new manufacturing plant and engineering center in the province of Gyeongbuk, Korea. The 295,000-square-foot facility includes assembly lines for latches, strikers, door handles, power folding mirror actuators and injection molding lines. The new facility was designed to accommodate planned growth expansion into new product lines of Roof Systems and Motors. The new engineering center features larger labs to provide enhanced capabilities and capacity to accommodate global expansion. The advanced development labs will have additional environmental testing, anechoic chamber, x-ray evaluation, thermal shock and vibration capabilities. (From a press release on December 20, 2011)

Acquisitions

-In 2011, the Company completed the purchase of the Body Systems business from ArvinMeritor, Inc. The estimated purchase price at closing was USD 27.3 million. (From a press release on January 3, 2011)

Contracts

-A number of vehicle models at the 2015 North American International Auto Show featured components and systems supplied by the Company, including the following:

  • BMW 2-Series and 5-Series: Sunroofs
  • Chevrolet Suburban and Tahoe: Consoles and instrument panels
  • Volkswagen Beetle, Golf, Jetta, Passat, and Tiguan: Latch and closure systems

(From a press release on January 12, 2015)

Recent contracts

Company Model Year Contract Awarded Components
GM Chevrolet Cruze 2012 Interior systems components, instrument panel, sunroof, door latches
Guangzhou Auto (GAC) C-Evo 2012 Tilt and slide sunroof

Awards

Recent major awards

Company Country Award Facility
Tata India 2015 Tata Motors Best Supplier Award for Quality -
FAW-VW China 2015 Quality Stability Award Shanghai Inteva Automotive Parts Chengdu
GM Mexico 2013-2014 Supplier Quality Excellence Award Matamoros Plant 2
Dongfeng Peugeot Citroen (DPCA) China Strategic Supplier of DPCA Inteva Zhenjiang
Daimler Trucks Mexico 2013 Masters of Quality Supplier Award Matamoros Operations
Chery China 2013 Excellent Technical Develop Contribution Supplier Award Shanghai Inteva Automotive Door Systems
SAIC China 2013 Excellent Cooperation Supplier of the Year Shanghai Inteva Automotive Door Systems
Haima China 2013 Haima Best Quality Award Inteva Zhenjiang
JAC China 2013 JAC Quality Contribution Award Inteva Zhenjiang
SAIC China 2013 SAIC Supplier Award - Advance Engineering Development Shanghai Inteva Automotive Parts
SAIC China 2013 SAIC Excellent Supply Partner Award Shanghai Inteva Automotive Door Systems
GM Korea 2013 General Motors Supplier Quality Excellence Award Inteva Korean Door Systems
Ford France 2012 World Excellence Award Inteva Products Saint Die Operations
Chery China 2012 Research and Development Award Shanghai Inteva Automotive Door Systems
BAIC China 2012 Excellent Supplier Shanghai Inteva Automotive Door Systems
PSA France 2012 Core Supplier -
Chery China 2011 Excellent Supplier Award Shanghai Inteva Automotive Door Systems

R&D Facilities

-The Company has announced the opening of its new India Technical Center in Bangalore, India. The state-of-the-art Center of Expertise expands the Company's technical capabilities and footprint in the Asia Pacific region. The center houses advanced engineering support, design, development, durability testing, and functional testing teams. These teams focus on developing and launching advanced technologies in roof systems, closures, motors and electronics for the Company's customers. The center currently employs more than 200 research and development engineers, with plans for future growth. (From a press release on September 27, 2016)

-In 2015, the Company announced the relocation of the technical center in Wuppertal, Germany to Solingen, Germany. The relocation provides the team with a larger office and laboratory in closer proximity to several customers. The Solingen Technical Center will continue to develop, engineer, design and test products for European OEMs. Solingen's product focus areas include cockpits, interiors, latches, door modules, interior trim, motors and plastic components. The team in Solingen serves Daimler, Volkswagen, BMW and other European customers. (From a press release on April 14, 2015)

-Technical centers are located in the following cities:

  • Birmingham, UK
  • Dietzenbach, Germany
  • Gifhorn, Germany
  • Solingen, Germany
  • Esson, France
  • Sully-sur-Loire, France
  • Saint-Die, France
  • Juarez, Mexico
  • Vandalia, Ohio, U.S.
  • Troy, Michigan, U.S.
  • Bangalore, India
  • Yokohama, Japan
  • Zhenjiang, China
  • Shanghai, China
  • Seoul, South Korea



-In 2011, Shanghai Inteva Automotive Door Systems Co., Ltd. (Inteva SDADS) is enhancing its competitiveness and strengthening its advanced product development capabilities with the opening of a new automotive door systems technical center in Shanghai, China. The 50,000-square-foot facility includes a new sound chamber, extensive testing capabilities, an expanded engineering center, and an advanced development lab. Inteva SDADS is a joint venture partnership between Inteva Products and Shanghai SIIC Transportation Electric Company, Ltd. Inteva SDADS has manufacturing operations and engineering capabilities in Shanghai producing latches, actuators, control modules and door modules for customers such as Volkswagen, SAIC and General Motors. Inteva SDADS has approximately 400 employees. (From a press release on September 15, 2011)

Product Development

All-Olefin, Soft-Skin, Stitched Full Instrument Panel System
-In 2014, the Company's All-Olefin, Soft-Skin, Stitched Full Instrument Panel System was chosen as a finalist for the 2015 Automotive News PACE Awards. The instrument panel system features a variety of innovations to provide a luxurious image while remaining light and inexpensive. For example, the Company uses both its patented Inteather material for its softness and an all-Olefin material for its reduced weight and recyclability. Forming and stitching processes used in the production of the instrument panel provide the appearance of a hand cut and sewn panel while reducing manufacturing time from hours to minutes. The Company also developed automated sewing processes and a manufacturing process that enables both press bonding and press lamination for the first time on an instrument panel. (From a press release on October 15, 2014)

Leather-like thermoplastic material
-In 2014, the Company introduced Inteather, a synthetic leather-like material, at the WardsAuto Interiors Conference. Compared to other thermoplastic materials, Inteather is more supple. Furthermore, Inteather does not degrade under UV radiation, and is more cost effective compared to vinyl. Currently, Inteather is being used in several products. The Company hopes to feature Inteather as its halo product in the future. (From a press release on May 21, 2014)

Investments in U.S.

-The Company announced that it will invest USD 23 million and create additional jobs across Michigan. This investment will take place over the next few years to support recently awarded automotive program contracts. The investment is supported by a Michigan Business Development Program grant of USD 1.27 million. The investment will primarily be used to install new equipment at the Company’s 980,000-square-foot manufacturing facility in Adrian. The Adrian facility manufactures instrument panels, door modules, door trim panels and other interior parts. New technical and professional positions will also be added at the Company’s headquarters in Troy, Michigan to support the new contracts. (From a press release on August 23, 2016)

Investments outside U.S.


-On November 16 2016, the Company commemorated the grand opening of its new manufacturing facility in Zhenjiang, China. This new site manufactures closure systems, motors and electronics. The facility currently employs more than 600 people, with plans for future growth. (From a press release on November 16, 2016)

-In 2015, the Company opened a new plant in Wuhan, China. The new plant manufactures roof systems, with initial production supplying GAC Fiat. The Wuhan site will be the Company's seventh manufacturing facility in the country. (From a press release on April 14, 2015)

-In 2012, the Company announced the opening of a new Roof Systems manufacturing plant in Chengdu, China called Inteva Chengdu Operations. This facility will primarily support Shanghai Inteva Automotive Parts Co. Ltd., a joint venture between the Company and Shanghai SIIC Transportation Electric Co., Ltd. The new facility will have complete operation capabilities and full quality-assurance testing for the Roof Systems division. Furthermore, the plant is designed to accommodate the potential for future expansion into other Inteva product lines. (From a press release on May 23, 2012)


-In 2016, the Company expanded its existing facilities in Oshawa, Canada and Vandalia, Ohio, U.S. (From a press release on November 16, 2016)


-The Company is expanding its global manufacturing capabilities with a new 300,000-square-foot operations facility in Guanajuato, Silao, Mexico. The new facility is designed to produce interior systems for global automakers with vehicle production near central Mexico. The initial activity at the plant will involve manufacturing instrument panels and door panels for General Motors’ North American truck program. The Company has begun hiring and will start component production in 2017. (From a press release on June 22, 2016)


-The Company announced that it recently began operations in a new facility in Oradea, Romania. The new manufacturing site produces roof system components for the Company’s European customers and currently employs 150 people. The Oradea facility is the Company’s second facility in Romania. (From a press release on May 3, 2016)

-In 2015, the Company announced the opening of a new plant in Oradea, Romania. The new facility in Oradea is the Company's second manufacturing facility in Romania. The site will manufacture roof system components and will primarily support operations that serve its European customer base. The new facility is expected to hire more than 100 employees. Production will begin in the summer of 2015. (From a press release on April 14, 2015)


-The Company announced that it has opened a new facility in Rychnov, Czech Republic. The new facility produces window regulators and latches for the Company’s European customers and currently employs 250 people, with plans for additional growth. (From a press release on April 19, 2016)


-In 2012, the Company announced the opening of a new Closure Systems and Motors manufacturing plant in Pune, India. The new plant has manufacturing lines for door latches, window regulators and motors, along with in-process testing capabilities. The Pune Plant has an area of 72,000 square feet, and has additional space for a future building expansion of up to 35,000 square feet. (From a press release on September 12, 2012)


-In 2011, the Company is expanding its Closure Systems operations in Brazil with the opening of a new plant in Cordeiropolis. An opening ceremony is being planned for October 2011. In addition to having production lines for window regulators and latches, the larger facility provides the Company with space to accommodate planned business expansions. The Company's new Closure Systems plant has approximately 100 employees and is replacing an existing facility in Limeira. Inteva Products Brazil serves many automakers including Renault, Volkswagen and GM. The Company has operated in Limeira since 1999 and was recently recognized for its quality performance for achieving zero PPM with Renault for 12 consecutive months. (From a press release on August 1, 2011)



Number of Employees 

 

Dec. 2016 Dec. 2015 Dec. 2014 Dec. 2013 Dec. 2012
Total 15,000 12,500 10,000 11,500 9,000

 

Sales Overview

(in million USD)
FY ended Dec. 31, 2016 FY ended Dec. 31, 2015 FY ended Dec. 31, 2014 FY ended Dec. 31, 2013 FY ended Dec. 31, 2012
Sales 2,800 2,600 2,600 2,200 N/A