Gentherm Incorporated (Formerly Amerigon)

Company Profile

■URL

http://www.gentherm.com/

■Address

21680 Haggerty Road, Suite 101, Northville, MI 48167, USA

Business Overview

- The Company supplies seat comfort system, interior comfort system, new energy system and electronics for automotive industry.

-The Company’s customers in the automotive industry include passenger car OEMs, commercial vehicle OEMs,and Tier 1 suppliers.

-The Company currently consists of two operating segments, as shown below:

Operating Segment Primary Function
Automotive Manufactures seat comfort systems, automotive cable systems, integrated electronic components such as blowers and ECUs, and thermal convenience products including heated steering wheels.
Industrial A combination of the Company’s advanced research and product development division and Gentherm Global Power Technologies, a subsidiary which develops thermoelectric generators.

Shareholders

-The Company is listed on the NASDAQ Global Select Market.

Products

Automotive
Seat Comfort
-Heated seating systems
-Climate controlled seating systems; ventilation, cooling, and heating
-Neck warmer


Interior Comfort
-Heated interiors
-Heated steering wheels
-Heated and cooled cup holders
-Heated doors
-Heated armrests
-Thermal storage bins
-Window demister

Electronics
-Electronic controllers
-Wiring harnesses
-Blowers
-Battery connect boards

New Energy System
-Battery monitor system
-Battery thermal management system
-Battery management system
-48V battery integration
-Heat recovery

History

1991 The Company was founded as Amerigon in California.
1993 Issued first IPO.
1999 Introduced first climate controlled seat.
2003 Opened a manufacturing plant in China.
2004 Opened a manufacturing plant in Ukraine.
2005 Moved headquarters from California to Michigan.
2008 Acquired Comair Rotron Shanghai, a manufacturer of air-moving solutions such as fans and blowers.
2011 Acquired majority ownership of W.E.T. Automotive Systems, a manufacturer of thermal comfort solutions.
2012 Changed name to Gentherm.
2013 Registered squeeze-out transaction of W.E.T. which led to full ownership and control of W.E.T.
2015 Established new production facility in central Mexico.
2017 Acquired Etratech Enterprises

Supplemental Information 1