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IAC Opens New Tianjin, China Manufacturing Location: Continues Expanding Regional Footprint


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TIANJIN, CHINA --Oct. 26, 2015: Leading automotive interiors supplier International Automotive Components (IAC) continued its aggressive global expansion with the inauguration of a new manufacturing facility, Shanghai IAC-Songjiang Automotive Carpet and Acoustics Co., Ltd., located in Tianjin, China, . This marked the company's 14th facility opening in seven countries in the past two years, increasing its total number of worldwide locations to 104.

The 5,200 square-meter (56,000 square-feet) facility will employ more than 180 people and will manufacture vehicle flooring and acoustics systems and headliners, for Mercedes-Benz vehicles, including GLC, GLA, C-Class and E-Class models.  The facility is scheduled to expand by another 4,300 square meters next year.

"Our new Tianjin operation reflects our on-going commitment to support our global customers with premium interior manufacturing capabilities in line with their global platform strategies," said Robert S. ("Steve") Miller, president and chief executive officer of IAC Group.  "I am excited to take part in this growth and look forward to continuing to support our customers wherever in the world they need us."

Tianjin is IAC's 16th new location in China since 2006, bringing the total number of Asian locations to 30, including the company's new regional headquarters in Shanghai (June 2014). Prior to Tianjin, the company most recently opened a manufacturing facility in Hangzhou, China in July 2015.

IAC, the largest singularly-focused supplier of automotive interiors globally, is built on the core principles of exceptional design, engineering and manufacturing driven by a culture of relentless continuous improvement. IAC has expanded from 11 locations in 2006 to more than 100 locations around the world today. As recently as September 2015, the company celebrated the opening of two of its newest facilities in the United Kingdom to support the automotive industry's continued growth worldwide.

ABOUT IAC
International Automotive Components (IAC) is a leading global supplier of automotive components and systems, including interior and exterior trim. The company's 2014 sales were $5.9 billion. Headquartered in Luxembourg, IAC Group operates 84 manufacturing facilities in 20 countries. The company has 104 locations in 22 countries, including 28 design, technical and commercial centers, and employs more than 32,000 people globally.

ABOUT IAC SONGJIANG AUTOMOTIVE CARPET & ACOUSTICS CO., LTD.
IAC Songjiang is a joint venture between IAC and Shanghai Car Carpet Plant.  The JV operates six manufacturing facilities in China, and has more than 800 employees. IAC Songjiang is headquartered in Songjiang, Shanghai.