ELKHART, IN — Siemens VDO completed the acquisition of some of American Electronic Components, Inc.’s (AEC) employees, assets and technology. AEC, located in Elkhart, IN, designs, manufactures and markets sensors used in automotive, heavy truck, off-highway and marine applications. In the immediate future, Siemens VDO intends to utilize the former AEC location as the company’s North American headquarters for its Sensors division.
“This acquisition brings Siemens VDO additional engineering and design capabilities to grow our expertise in automotive sensor technology and secure a more competitive market position in the NAFTA region,” said Siemens VDO Sensors Division General Manager Bret Sauerwein. “AEC has the ability to quickly take a product from concept to production using their experienced engineering team. They have a history of designing highly engineered sensors that can impact both existing and new market segments.”
AEC specializes in antilock brake system (ABS) camshaft, crankshaft and transmission speed sensors using both “Hall Effect” and variable reluctance (VR) sensing technology. AEC also produces a wide range of Hall Effect-based, non-contacting position sensors used in various applications, such as chassis ride height, transmission range and accelerator pedal position.
With this acquisition, Siemens VDO has access to AEC, including facilities comprising approximately 152,000 sq. ft. of operational space and 294 employees. AEC generated approximately $40 million in annual sales in 2004. The operation’s product portfolio and technical expertise complement Siemens VDO’s core competencies of innovative automotive sensor technology.
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