Lear President And CEO Matt Simoncini Announces Retirement Date
Upon Simoncini’s retirement, Ray Scott (right), executive vice president and president of seating, will be appointed president and CEO, as well as a member of Lear’s board of directors.
Honeywell And Lear To Collaborate On Automotive Cybersecurity Software Solutions
The two companies are working under a non-exclusive agreement to develop an effective system to identify and validate software commands and data generated by more than 100 million lines of code governing modern vehicle operation.
Trico Products Corp. Celebrates 100 Years Of Wiper Blade Innovation
In addition to opening several facilities throughout North America, the company has spent the past century expanding globally, opening divisions in the United Kingdom, Australia, Argentina, Brazil, Mexico and China.
Lear Announces Closing Of Transactions
The offering follows the closing of a new $2 billion credit agreement announced Aug. 8, 2017.
Lear Refinances Credit Agreement
The new credit agreement consists of a $1.75 billion revolving credit facility and a $250 million term loan facility.
Lear Reports Record 2nd Quarter 2017 Sales And Earnings, Increases Full Year Financial Outlook
Sales in the second quarter increased 8 percent to $5.1 billion. Excluding the impact of foreign exchange, sales were up 10 percent, with growth in all regions.
Gates Corp. Partners With Ronald McDonald House Charities To Raise $150,000
Gates will reach the fundraising goal through a combination of donated proceeds from a new business-building kit, individual donations and employee fundraising activities.
Stant Corp. Recognized By Fiat Chrysler With Outstanding Quality Performance Award
“We are grateful and honored to be recognized by Fiat Chrysler and thank the Stant team in Romeoville for their relentless commitment to excellence,” said Tim King, senior vice president of global sales, Stant Corp.
General Motors Honors Stant Corp. With Supplier Quality Excellence Award
The award went to Stant’s Pine Bluff manufacturing facility, where the company manufactures Stant fuel closures, valves, thermostats and filler pipes.
Lear Hosts Groundbreaking Ceremony For New Asia Headquarters And Technical Center In Shanghai
Lear says the expansion of its Asia-Pacific administrative infrastructure, engineering capability and product innovation resources in a central Shanghai location will allow the company to continue to develop new products and grow its sales in China and throughout Asia.
