DENVER, Colo. – Schrader International has announced two significant achievements for the company. As an innovator in tire pressure monitoring systems (TPMS), Schrader has now produced 300 million TPMS sensors, a vehicle safety feature that’s standard on new cars and light trucks sold in the U.S., Europe and several Asia-Pacific countries. Supporting this continued global growth of TPMS technology, Schrader also has expanded its Springfield, Tenn., facility with a new $15 million capacity investment.
Schrader says both milestones are symbolic of the company’s continued leadership in technology, rapid industry growth and ongoing commitment to its employees in Springfield, Tenn.
For those global vehicle platforms equipped with direct TPMS technology, more than half utilize Schrader sensors, according to the company. With the adoption of TPMS legislation in Europe, Russia and in several Asia-Pacific countries, and growth among American vehicle manufacturers, Schrader is nearly doubling its manufacturing capacity and capabilities both in the U.S. and internationally to keep pace with the global demand for TPMS integration.
“Schrader’s continued success is the result of our technology leadership and the global adoption of TPMS legislation, specifically for its proven safety, fuel economy and environmental benefits,” said Hugh Charvat, president and CEO of Schrader. “Our lead position has translated into hundreds of new jobs globally and has significantly scaled our production levels. The manufacturing significance of our 300 millionth sensor and expansion of our Springfield facility are directly tied to the global growth of TPMS as a standard safety feature.”
With additional capacity in place, the Springfield facility will continue to be a hub for high-tech TPMS manufacturing in the U.S. The investment in the newly installed equipment and facility expansion will increase the location’s production capacity by more than 50 percent, and create an additional 100 new high-tech manufacturing jobs in the local Springfield area.
On July 18, Schrader will host a ribbon-cutting ceremony to celebrate the milestone, with several federal and state governmental officials in attendance, including U.S. Representative Diane Black (R-Tenn.).
