ESTRA Automotive Systems Co., Ltd. (Formerly erae Automotive Systems Co., Ltd.)
Company Profile
■URL
https://www.estra-automotive.com
■Address
Business Overview
-A Korean supplier that designs and manufactures thermal management components and systems such as condensers, oil coolers and radiators for automotive applications.
-The Company was established in December 1984 as a 50-50 joint venture between GM of the USA and Daewoo group of Korea.
-In October 2017, as a result of a new operating structure, the company split its business operations. The climate-control business remained at erae Automotive Systems Co., Ltd., while the electrical equipment and chassis businesses were spun off into a new company, erae AMS Co., Ltd.
-In 2019, the company name was changed from erae Automotive Systems to ESTRA following the acquisition of the company by Shanghai Aerospace Automobile Electromechanical Co., Ltd. (SAAE) in 2018 and consolidation of SDAAC Automotive Air-Conditioning Systems Co., Ltd. and ERAE Automotive.
Shareholders
Major Shareholders | Investment Ratio (%) |
Shanghai HT Holding HongKong Limited | 70.0 |
Erae CS Co., Ltd. | 30.0 |
Total | 100.00 |
Products
Compressors
-Variable Swashplate Compressor
-Electric Compressor (ESR)
-Fixed Swashplate Compressor
HVAC Modules
-Compact Efficient HVAC Module
-Premium HVAC Module
HVAC Controllers
Climate control units
-Integrated Center Stack Switch
-Control Unit
-Dual zone Automatic
-Multi zone Automatic
Climate control systems
Heat Exchangers
-Powertrain Cooling Module
-Condenser
-Radiator
-Charge Air Cooler
-Motor, Fan & Shroud
-Liquid Cooled Chiller
-Liquid Cooled Condenser
-Battery Cooling Plate
-Inner Heat Exchanger
-Evaporator
-Heater Core
History
Oct. 1984 | The Company was established as a 50-50 joint venture between GM of the USA and Daewoo group of Korea. |
Dec. 1994 | The Company acquired ISO9001 certification. |
Dec. 1995 | The Company set up a new plant in Jincheon. |
Nov. 1996 | The Company set up a new plant in Gunsan. |
Nov. 1997 | The Company acquired QS9000 certification. |
May. 1998 | The Company established a technical center. |
Aug. 1998 | The Company acquired Yeoju plant of Daewoo Electronics and launched automotive electronic controlsystem business. |
Jan. 2000 | The Company adopted a new company name, Korea Delphi Automotive Systems Corporation. |
Apr. 2003 | The Company established KDAC (Thailand) Co., Ltd. in Thailand. |
Aug. 2004 | The Company relocated head office to Daegu. |
Sep. 2005 | The Company set up a new plant in Bupyeong plant. |
Sep. 2007 | The Company established Changshu KDAC Co., Ltd. in China. |
Dec. 2014 | The Company established eKdac in Korea. |
Nov. 2015 | The Company name change from Korea Delphi Automotive Systems Corporation to erae Automotive Systems Co., Ltd. |
Aug. 2016 | The Company established erae Automotive Systems Mexico, De. R. L. Dec. V in Mexico. |
Oct. 2017 | On October 2017, the electrical equipment business and chassis business were spun off and became the businesses of a new company erae AMS Co., Ltd. |
Oct. 2017 | The Company name change from erae Automotive Systems Co., Ltd. to ESTRA Automotive Systems Co., Ltd. |
Oct. 2017 | erae AMS, which was sold to Changshu erae Co.,Ltd. located in Jiangsu Province, manufactures brakes, steering columns, steering shafts, alternators and other products. |
2019 | ERAE (Thailand) Co., Ltd. was renamed ESTRA (Thailand) Co., Ltd. |
2019 | ERAE Automotive India Private Limited was renamed ESTRA Automotive India Private Limited |
2019 | ERAE Automotive Rus LLC was renamed ESTRA Automotive Rus LLC |
2019 | ERAE Automotive Systems Mexico, De. R. L. Dec. V was renamed ESTRA Automotive Systems Mexico, De. R. V |
2019 | ERAE Poland Limited Liability Company was renamed ESTRA Poland Limited Liability Company |
2019 | ERAE Automotive Systems Brasil Ltda. was renamed ESTRA Automotive Systems Brasil Ltda. |
2019 | Changshu ERAE Thermal Co., Ltd. was renamed Changshu ESTRA Thermal Co., Ltd. |
Supplemental Information 1
>>>Business report up until FY ended Dec. 31, 2013
>>>Business report FY ended Dec. 31, 2014
>>>Business report FY ended Dec. 31, 2015
>>>Business report FY ended Dec. 31, 2016
>>>Business report FY ended Dec. 31, 2017
>>>Business report FY ended Dec. 31, 2018
>>>Business report FY ended Dec. 31, 2019
>>>Business report FY ended Dec. 31, 2020
>>>Business report FY ended Dec. 31, 2021
>>>Business report FY ended Dec. 31, 2022
Note: A figure in brackets ( ) indicates a loss