Day: February 20, 2023

Ever since Enzo Ferrari solidified Italy as the cradle of the world’s most beautiful sport cars, we have

The automotive supplier continues to invest in electric mobility.

Webasto’s new plant in Guanajuato, Mexico
New plant produces charging solutions

AUBURN HILLS, Mich., February 20, 2023 (Newswire.com)
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Webasto, one of the Top 100 global automotive suppliers, recently celebrated the opening of a new plant in Guanajuato, Mexico. It is the first site dedicated to the company’s Charging business in the Americas region and one of three Webasto plants in Mexico. 

The Guanajuato plant currently runs three lines that produce charging solutions, with plans to expand to eight lines by the end of the year with an output of over 20,000 units per week. More than 140 employees currently support production at the plant, numbers which will increase to 200 by the end of 2023. With a current footprint of 12,000 square meters today, an expansion – another 10,000 square meters – is already planned through 2025.

“As we continue to accelerate our e-mobility product offerings worldwide, North America presents Webasto big potential,” said Marcel Bartling, member of the Management Board and chief technology officer for Webasto SE. “The opening of a Charging plant in the region is another step in executing on our strategy and reinforces our investment in the future.”

Webasto has been producing mobile charging cables at its roof plant in Irapuato, Mexico – about six kilometers from the new Guanajuato plant – in recent years. However, as volume and customer demand have increased, the entire charging production has been relocated to the new site, which also offers Webasto ease of expansion moving forward.

“In a relatively short period of time, we’ve been able to establish our foothold in the charging market in North America, and with this plant, we’re positioned to support our customers locally,” said Dirk Hofmann, vice president of Operations and Quality for Webasto Charging Systems. 

Webasto continues to consistently advance its transformation and further expand its electromobility solutions. Alongside wallboxes and mobile chargers, Webasto also produces battery systems for passenger cars and commercial vehicles as well as high-voltage heaters for hybrid and electric vehicles.

About Webasto
The Webasto Group is a global innovative systems partner to the mobility industry and one of the 100 largest suppliers to the automotive sector worldwide. The company’s product offering includes in-house developed roof, heating and cooling systems for various types of vehicles, batteries and charging solutions for hybrid and electric vehicles, and additional services related to thermal management and electromobility. Among the customers of Webasto are manufacturers of passenger cars, commercial vehicles and boats, as well as dealers and end customers. In 2021, the Group generated sales of 3.7 billion euros and employed around 15,700 people at over 50 locations. The headquarters of the company, which was founded in 1901, is located in Stockdorf near Munich (Germany). For more information, please visit www.webasto-group.com.

Contact Information:

Michael Halser

Spokesperson – Battery and Charging Solutions

michael.halser@webasto.com

Alexandra Iordache

Communication Manager

alexandra.iordache@webasto.com

Original Source:

Webasto Opens New Plant in Mexico to Support Growing Charging Business

INOAC USA Inc. completes purchase of ABC Technologies’ 50% equity interest in the former JV. The wholly owned entity adds four facilities and more than 1,200 employees.

TROY, Mich., February 20, 2023 (Newswire.com)
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INOAC USA Inc. has recently completed its purchase of ABC Technologies’ 50% equity interest in the former joint venture, ABC INOAC Exterior Systems, to create an independent and wholly owned entity renamed INOAC Exterior Systems (IES). Adding four facilities with more than 1,200 employees will better enable INOAC to independently drive its strategy in the North American automotive exterior parts market through IES.

President of INOAC USA, Inc., Rob DePotter, is excited about opportunities for IES in the automotive industry and beyond. “We will provide the same high-quality and consistent delivery performance, as well as increase our focus on customer satisfaction, innovation and strategic investments in the automotive exteriors market. The acquisition places INOAC in a strong position to leverage scale across our North American businesses and manufacturing footprint,” said DePotter. 

INOAC Exterior Systems will continue to be a key supplier for auto manufacturers in North America, with products tailored to customers’ engineering and production needs. Products are Class A, available in painted, primer-/paint-ready, molded-in-color (MIC) and textured. IES exterior automotive components deliver light weighting along with strength and the ability to accommodate the custom designs that automakers seek. 

About INOAC: 

INOAC is an international independent and diversified company. IUI, the North American portion of the company, operates multiple joint venture and wholly owned entities in the region.

INOAC is a leading global company in the field of polymer chemistry, specializing in polyurethanes, polyolefins, elastomers, plastics and composite materials. INOAC is known for its commitment to creating a “forest” of product diversity through a wide range of goods and materials in five business categories: 

• Automotive – Interiors, exteriors 
• High-Performance – Consumer, information technology equipment 
• Consumer – Home appliance NVH and thermal insulation, gasketing, filtering, sports and industrial PPE
• Medical – Wearables, Smart Patches, basic and advanced wound care, drug delivery
• Housing and Construction – Housing, construction, civil engineering, environment 
• Bedding and Furniture – Mattresses, nursing care furnishings, HUKLA furniture 
• IRC Tire – Specialist manufacturer 

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Contact Information:

Gautam Bose

VP, Business Development and Marketing

gbose@inoacusa.com

2482279737

Original Source:

INOAC USA Inc. (IUI) Acquires ABC Technologies’ Share of Former Joint Venture