IAC Opens New Europe Headquarters In Dusseldorf, Germany
DUSSELDORF, Germany, Oct. 7, 2014 /PRNewswire/ -- Leading global vehicle interiors supplier International Automotive Components (IAC) today celebrated the grand opening of its European headquarters in Dusseldorf, Germany. The new facility hosts the European Operations including the Commercial and Sales, Design/Engineering, Procurement, and Administrative activities along with offices for the company's European Senior Leadership Team.
When IAC was established in 2006, the company had 11 facilities in seven countries in Europe. Today IAC has 26 plants and five technical centers established throughout Europe, servicing passenger car and commercial vehicle manufacturers. In 2013 IAC recorded $2.2 billion in sales in Europe, marking the fourth consecutive year of growth.
Though its primary role will serve the European market, the new Dusseldorf location also plays an integral role in the global IAC organization. For example, the Program Management Teams work in partnership with other IAC regions to oversee global platform launches and ensure consistent standards for production on four continents for customers such as Daimler, BMW, Volkswagen and Jaguar Land Rover. The Design, Development and Engineering Teams work seamlessly with the other IAC technology centers around the world to provide in-house material development, product and process design and engineering, tooling and testing. FastKast™, IAC's proprietary slush molding technology in production in Europe and in China is a current example of the company's vertical integration. Globally, IAC development activities focus on solutions to reduce weight and increase the use of renewable materials in vehicles while offering a superior driving experience.
IAC Dusseldorf is conveniently located in close proximity to the city's international airport and currently hosts approximately 100 skilled professionals in sales, engineering, and administrative roles.
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 estimated sales were $5.2 billion. Headquartered in Luxembourg, IAC Group operates 80 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 International Automotive Components
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