Gentex Corporation

Company Profile

■URL

https://www.gentex.com/

■Address

600 North Centennial Street, Zeeland, MI 49464 USA

Business Overview

-The Company manufactures digital vision, connected car and dimmable glass products across multiple industries, focusing on automatic-dimming rearview mirrors, mirror-integrated displays and electronics for the automotive industry. Sales of automotive products accounted for approximately 98% of the Company’s consolidated net sales in the fiscal year ended December 31, 2020.

-In both 2019 and 2020, the Company had approximately 94% market share in automatic-dimming rearview mirrors for the automotive market.

-The Company estimates that it has an annual production capacity of 33 to 36 million interior mirror units and 14 to 17 million exterior mirror units. In 2020, the Company shipped 26.1 million interior automatic-dimming mirrors and 12.1 million exterior automatic-dimming mirrors.
 

Competitors

-Adayo
-AlpsAlpine

-BYD Auto Company
-Chogqing Yimei
-Guangdong
-Licon
-Magna
-MEKRA Lang
-MirrorTech
-Murakami Kaimeido
-Ningbo Fengmei
-Panasonic
-Peak Power Automotive
-Samvardhana Motherson Reflectec
-Tokai Rika
-Xiamen Intretech
-Yanfeng
-YH America

Shareholders

-The Company is listed on the NASDAQ Stock Market.

Products

Digital Vision
-Full Display Mirror (FDM)
-Hybrid rear-vision display system with integrated camera monitoring systems (CMS)
-Mirror-integrated displays and alerts
-Custom cameras for machine vision and video (SmartBeam®)
-Custom cameras for automotive video

Connected Car
-HomeLink® Car-to-Home Automation
-Integrated Toll Module
-Mirror-integrated biometric systems

Dimmable Glass
-Interior and exterior auto-dimming mirrors
-Self-dimming sunroofs and moonroofs
-Dimmable combiner HUDs
-Sensor shrouds

History

1974 Established as a manufacturer of high-quality fire protection products.
Mar. 1976 Acquired Gentex Company, a Michigan general partnership.
1982 Developed the world's first electromechanical (motorized) mirror.
Aug. 1986 Acquired Vanguard Glass Fabricatiors, Inc.
Oct. 1994 Formed Gentex GmbH in Neckarsulm, Germany.
Sep. 1999 Formed partnership with Johnson Controls to integrate HomeLink system in mirrors.
Dec. 1999 Opened U.K. sales office.
May 2000 Opened sales office in France.
2013 Acquired Johnson Controls' HomeLink business.

Supplemental Information 1