Stoneridge, Inc.

Company Profile

■URL

https://www.stoneridge.com/

■Address

39675 MacKenzie Drive, Suite 400, Novi, MI 48377, USA

Business Overview

-The Company develops and manufactures highly engineered electrical and electronic components, modules and systems for the automotive, commercial vehicle, motorcycle, agricultural and off-highway vehicle markets. Its solutions enhance vehicle intelligence, increase vehicle efficiency, reduce emissions, and improve safety and security.

-The Company is organized into three reportable business segments as follows:

Control Devices: The segment designs and manufactures actuators, sensors, switches and connectors to monitor, measure and manage specific vehicle functions for primarily the passenger vehicle market, as well as the commercial vehicle and agricultural markets to a lesser extent.
Electronics: The segment designs and manufactures driver information systems, vision and safety systems, connectivity and compliance systems, and ECUs primarily for the commercial vehicle and off-highway markets.
Stoneridge Brazil: The segment designs, manufactures and sells vehicle tracking devices, monitoring services, vehicle security alarms, convenience accessories, in-vehicle audio and video devices, driver information systems and telematics solutions primarily for the South American automotive and commercial vehicle original equipment market and aftermarket.

Competitors

Control Devices	Electronics	Stoneridge Brazil
-Aisin -Dana Incorporated -EFI Automotive -Erich Jaeger -ETO Gruppe -Ficosa Corporation -Futronic -GHSP -Johnson Electric -Kongsberg Automotive -Korea Fuel Tech Corporation (KFTC) -Mitsubishi Electric -Nidec -Sensata -Sonceboz	-Actia -Aptiv -Bosch -Continental -Hella -Marelli -Mekra Lang -Valeo -Visteon -ZF	-Autotrac -Bosch -CalAmp Corporatin -Car System -Continental -Harman Automotive -Hinor -Ituran -Marelli -Maxtrack -Onix -Pioneer -Quelink -Sascar -Suntech -Taramps -Tury -Visteon

Shareholders

-The Company is listed on the New York Stock Exchange.

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Products

Actuators and valves
-Integrated park modules
-Drive unit control actuators
-Shift-by-wire actuators
-Stabilizer bar assemblies
-Front axle disconnect actuators
-Canister vent solenoids
-Vapor blocking valves
-Leak detection modules
-Transmission control modules

Sensors
-Low temperature sensors
-High temperature sensors
-Position sensors

Switches and connectors
-Keyless entry switches
-Access and release switches
-Trailer tow connectors

Vision and driver assistance
-MirrorEye camera monitoring system
-SideEye turn assist blind-spot vision system
-ForkView forklift vision system
-FrontView and Digital FrontView front area vision system for load handling
-TwistLockView for improved vision of twistlocks
-SurroundView vision system for area surrounding the vehicle
-Mid-Mast View and Digital Mid-Mast View vision system for forklifts
-WinchView vision system for crane operations
-RearView and Digital RearView rear vision systems
-RadarEye radar and camera system
-LoadView crane vision system for loading and unloading
-Digital SideEye vision system for elimination of blind spots
-CornerEye vision system to eliminate blind spots at front and side of trucks
-Cameras
-Monitors

Driver information systems
-Instrument clusters
-Secondary displays

Connectivity
-Connected Trailer digital rear-view system for commercial vehicles and trailers
-Telematics systems
-Track and Trace systems to detect location of commercial vehicles
-Tachographs
-DSRC testers

Controls
-Chassis control modules
-Body and cab control units
-Door control modules
-Interior control modules

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History

1965	Incorporated in Ohio.
Oct. 1988	Acquired Pollak, a leading manufacturer of electronic and electromechanical switch products.
Feb. 1992	Acquired TED, a manufacturer of electronic instrumentation components, modules and systems.
Jan. 1994	Alphabet, Inc. and Alphastac, Inc. were merged into the Company.
Nov. 1995	Acquired the business, machinery and equipment, intellectual property rights and purchase contracts of the actuator business of Kelsey-Hayes.
Apr. 1996	Acquired approximately 45% of Berifors AB.
Aug. 1997	Entered into two joint venture agreements and a cooperation agreement with Connecto AB, a Swedish manufacturer of power distribution systems.
Oct. 1997	Listed on the NY stock exchange. Acquired the remaining 55% of the outstanding stock of Berifors through a share exchange. Acquired 50% of the outstanding common stock of PST Industria Electronica da Amazonia Ltda.
Dec. 1998	Acquired all of the outstanding common shares of Hi-Stat Manufacturing Co., Inc.
Mar. 1999	Purchased certain assets and assumed certain liabilities of Delta Schroeller, Limited (Delta). Delta is a United Kingdom manufacturer of switches for the automotive industry.
Aug. 1999	Purchased all the outstanding shares of TVI Europe, Limited (TVI). TVI is a United Kingdom manufacturer of vehicle information and management systems for the European commercial vehicle market.
Sep. 2004	Opened an international purchasing office in Shanghai, China.
Mar. 2005	Announced that it has entered into an agreement to acquire Vimercati, S.p.A., an Italian full-service switch products supplier for the automotive industry.
Jan. 2006	Established a new subsidiary and manufacturing operation in Suzhou, China.
2007	Announced to cease manufacturing at its European operating segment in the Control Devices due to the loss of a significant customer contract.
Oct. 2009	Acquired a 51% equity interest in Bolton Conductive Systems LLC (BCS), an electrical system supplier based in Michigan, USA.
Mar. 2010	Opened a new technical center and sales office in Shanghai, China.
Dec. 2011	Acquired an additional 24% ownership of PST Eletronica S.A., a Brazil-based vehicle electronics joint venture. Since the Company's ownership interest in PST increased from 50% to 74%, PST became the Company's consolidated subsidiary.
Aug. 2014	Sold its Wiring business to India-based Motherson Sumi Systems.
Jan. 2017	Completed acquisition of Orlaco Products B.V., a leading supplier of vehicle camera solutions.
May 2017	Acquired remaining 26% stake in PST Electronica Ltda., making it a wholly owned subsidiary of the Company.