HUNTSVILLE, AL — Siemens VDO Automotive has completed its acquisition of Chrysler Group’s Huntsville Electronics operations. The proposed sale was first announced in mid-February.
This acquisition advances Siemens VDO Automotive to a top-three spot in the global automotive electronics supplier industry, according to company officials. The new facility will provide the company with additional capacity and capability to grow in the areas of powertrain electronics, vehicle instrumentation and driver information.
Situated on a 180-acre site, Huntsville Electronics is composed of two plants operating two shifts daily. The first plant opened in 1977 and is 232,000 square feet. The second plant opened in 1988 and encompasses 849,000 square feet. Huntsville Electronics generated approximately $1 billion in annual sales last year.
For more information about Siemens VDO Automotive, go to: www.usa.siemensvdo.com.
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