Lear Corporation Acquires Peregrine Windsor, Inc.
1 April 1999
Lear Corporation Acquires Peregrine Windsor, Inc.SOUTHFIELD, Mich., April 1 -- Lear Corporation today announced that it has acquired certain assets of Peregrine Windsor, Inc., the Windsor, Ontario, Canada seat and door trim operation owned by Peregrine Incorporated of Southfield, Michigan. Terms of the acquisition were not released. The Peregrine Windsor plant produces just-in-time seat assemblies and door panels for several General Motors models. The acquisition of Peregrine Windsor expands Lear's interior module business and is another example of Lear's strong commitment to its customers. Lear Corporation, a Fortune 500 company based in Southfield, Michigan, is one of the world's largest automotive suppliers, with 1998 sales of $9.1 billion. The company's world-class automotive interior products are designed, engineered and manufactured by more than 60,000 employees in over 200 facilities located in 28 countries. Information about Lear and its products is available on the Internet at http://www.lear.com.