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To sustain its momentum, Faurecia North America grows into a new headquarters in Auburn Hills

To sustain its momentum, Faurecia North America grows into a new headquarters
                               in Auburn Hills

PR Newswire

AUBURN HILLS, Mich., April 2, 2013

AUBURN HILLS, Mich., April 2, 2013 /PRNewswire/ --Three years into a
remarkable surge in growth, Faurecia North America today announced more
details of its plans for a new headquarters building in Auburn Hills, Mich.,
at the hub of activity for southeast Michigan's auto industry.

(Photo: http://photos.prnewswire.com/prnh/20130402/DE87154 )

Since 2010, Faurecia—North America's eighth-largest automotive supplier and
the sixth-largest globally—has opened 15 new plants and tech centers in the
U.S., Mexico and Canada and has nearly doubled the size of its workforce to
more than 20,000. The region now accounts for 30% of Faurecia's global sales.
In Michigan, that growth has taken the form of six new locations since 2010
and a total of 13 sites that collectively employ more than 4,000 people. Its
success has led Faurecia North America to begin construction this month on a
new headquarters building that also will house technical centers for Faurecia
Automotive Seating and Faurecia Automotive Exteriors.

"As the auto industry has reinvented itself over the past few years, Faurecia
has been a notable success story," said Faurecia North America President Mike
Heneka. "We have grown substantially and now we are ready to extend our
technical centers and headquarters operations to further support that growth.
Our new location presents a distinctive opportunity to build from the ground
up in a way that most suits our needs and to centralize our technical teams
and administrative functions."

The new headquarters facility, at 2800 High Meadow Circle in Oakland
Technology Park near I-75 and University Drive, positions Faurecia North
America in a more highly visible, easily accessible, more spacious location
that is tailored to its needs. Upon the building's completion in the spring of
2014, up to 700 employees will be transferred to the building from three
smaller Michigan facilities: the current Faurecia Automotive Seating Technical
Center on Meijer Drive in Troy; Faurecia's Oakland Shared Services Center on
Squirrel Road in Auburn Hills; and its Oakland Technical Center for Automotive
Exteriors on W. Entrance Drive in Auburn Hills. The Faurecia Interior Systems
Technical Center will remain at its current location at 2500 Executive Hills
Blvd in Auburn Hills. Faurecia Emissions Control Technologies will continue to
be based in Columbus, Ind. 

The technical centers in the new facility will carry out prototype
development, testing and light assembly activities to further Faurecia North
America's commitment to pioneering advanced vehicle systems to meet the auto
industry's evolving needs.

"Faurecia has called Auburn Hills its home for 10 years, and we enjoy an
excellent relationship with the city's leadership team," Heneka said. "They
have been a strong partner in the momentum we have generated, and we are
pleased to be expanding our presence in the city."

The layout of the new building will be more conducive to team work than were
Faurecia's other facilities and will enable program teams to sit together.
Shop and testing areas will be upgraded and organized for improved efficiency,
and considerably more meeting space will be available. The 278,000 square foot
building will include a new showroom, dedicated innovation areas, numerous
conferences spaces, a larger break room and plentiful parking for employees
and visitors.

"Auburn Hills is thrilled to add Faurecia's North American headquarters to our
roster of leading national and international manufacturers headquartered
here," said Pete Auger, Auburn Hills City Manager. "Companies like Faurecia
are terrific corporate citizens and bring tremendous value to Auburn Hills,
solidifying our reputation as the premier global manufacturing address in the
Midwest."

Faurecia's newest location will be developed and constructed by General
Development Company, LLC, of Southfield, Mich.

About Faurecia
Faurecia is the world's sixth largest automotive supplier with four key
Business Groups: Automotive Seating, Emissions Control Technologies, Interior
Systems and Automotive Exteriors. In 2012, the Group posted total sales of
$22.5 billion. It employs 94,000 people in 34 countries at 320 sites and 30
R&D centers. Faurecia is listed on the NYSE Euronext Paris stock exchange and
trades in the U.S. over-the-counter (OTC) market. For more information, visit:
www.faurecia.com

About Faurecia North America
Faurecia North America had sales of $6 billion in 2012. Faurecia has 37
production sites, six technical centers, two customer centers and a shared
services center in the United States, Canada and Mexico and employs more than
20,000 people in the region.

For the latest updates on Faurecia activities throughout North America,
connect with the company on Facebook (http://www.facebook.com/faureciaNA),
Twitter (http://www.twitter.com/faurecia_NA) and Pinterest
(http://www.Pinterest.com/FaureciaNA).

SOURCE Faurecia North America

Website: http://www.faurecia.com
Contact: Stacie Tong, Director, Communications, Faurecia North America,
+-1-248-484-3185, stacie.tong@faurecia.com; Jennifer Korail, Airfoil, For
Faurecia North America, +1-248-304-1429, korail@airfoilgroup.com
 
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