IAC Opens New Asia Headquarters, Technical Center In Shanghai

SHANGHAI, June 6, 2014 /PRNewswire/ -- Leading global vehicle interiors supplier International Automotive Components (IAC) today celebrated the grand opening of its Asia headquarters in Shanghai. In addition to housing a technical center, the new 30,000-square-foot headquarters will host many of IAC's Asian operations including the region's Commercial and Administrative activities along with global and domestic design/engineering, procurement, and manufacturing leadership.

"Since our founding in 2006, IAC has enthusiastically supported our customers' needs both domestically and around the world," said IAC President and Chief Executive Officer James Kamsickas. "IAC's new Shanghai headquarters allows us to continue delivering unwavering support while underscoring the significance of IAC's global infrastructure, a differentiator that allows us to fully engage and support our customers' growing regional and global vehicle platforms."

When IAC was established in 2006, the company had two plants and a technical center supporting the Asia market. Today, IAC has 20 plants and six technical centers established throughout Asia, with the grand opening of the Shanghai headquarters marking IAC's 12^th facility in China. The building currently employs approximately 115 skilled professionals in engineering, administrative and sales roles with projections to eventually employ 150 in support of incremental business growth.

Brian Pour, vice president, North Asia, will continue to lead the Company's North Asia business and operations from the new Shanghai headquarters. Pour joined IAC as vice president of Engineering for Asia at the company's inception and has nearly 20 years of automotive interiors experience. Gajanan Gandhe serves as IAC's vice president of South Asia and is based at the company's new Chakan, India Manufacturing, Design and Technical Center, which was inaugurated in March.

"To put it simply, any great team starts with great people," Kamsickas said. "The hard work of the dedicated women and men of IAC Asia and supporting global team members allows IAC to continue its exponential growth in this increasingly important region. We look forward to providing our customer partners the continued world-class support they require and deserve to excel in this competitive automotive industry both in Asia and around the globe."

ABOUT IAC
International Automotive Components (IAC) is a leading global supplier of automotive components and systems, including interior and exterior trim. The company's 2013 Sales were $5.2 billion. Headquartered in Luxembourg, IAC operates 81 manufacturing facilities in 19 countries. The company has approximately 100 total locations in 21 countries, including 22 Design, Technical and Commercial centers, and employs more than 28,000 people globally. For more information, visit www.iacgroup.com.

SOURCE IAC Group

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