March 03, 2015 8:15 AM ET

Auto Components

Company Overview of International Automotive Components Group, S.A.

Company Overview

International Automotive Components Group, S.A. designs, manufactures, assembles, and supplies automotive interior components for automotive OEMs in Luxembourg and internationally. It offers door and trim systems, which include decorative vinyl and cloth-covered inserts, appliqués, armrests, speaker grilles, switch plates, and map pockets; flooring and acoustic systems, such as dash insulators, rear package trays, floor mats, engine side acoustic insulators, and trunk trims; headliner and overhead systems, which include headliners, overhead consoles, grab handles, visors, energy management brackets, and overhead lighting systems; other interior and exterior components, such as bumper systems...

4, rue Lou Hemmer

Findel

Luxembourg,  1748

Luxembourg

Founded in 2006

27,000 Employees

Phone:

352 267 50422

Fax:

352 267 50499

Key Executives for International Automotive Components Group, S.A.

Chief Executive Officer, President and Director
Age: 47
Chief Financial Officer and Executive Vice President
Age: 59
Executive Vice President, General Counsel and Corporate Secretary
Age: 44
Chief Accounting Officer, Vice President and Corporate Controller
Age: 39
Senior Vice President of Commercial for the European region
Compensation as of Fiscal Year 2014.

International Automotive Components Group, S.A. Key Developments

International Automotive Components Announces Opening of Alabama Manufacturing Operation Expansion

International Automotive Components announced the opening of its newly expanded manufacturing operation in Anniston, Ala. The 126,000 square foot expansion, constructed adjacent to the existing IAC manufacturing plant, expands IAC's Anniston production capacity to approximately 262,000 square feet. The operation will support the hiring of approximately 350 new skilled associates, increasing the total workforce to more than 500 employees by 2016. This expanded IAC Anniston facility will employ numerous manufacturing processes including, but not limited to, injection and compression molding. These, and numerous other processes, will be used to produce IAC's full suite of vehicle components, including instrument panels, door panels, flooring and acoustics and other interior trim systems for customers including Nissan, Honda, Hyundai /Kia, Mercedes and others.

International Automotive Components Group North America, LLC and International Automotive Components Group, S.A. Announce Board Changes

International Automotive Components Group, S. A. announced the appointment of Patrick Machir to it's board as well as the board of International Automotive Components Group North America, LLC, effective November 19, 2014. Machir is a principal at WL Ross & Co. LLC and has worked closely with IAC management since 2006. Machir replaces Wilbur L. Ross, Jr. who has served on IAC's boards since the company's formation. In addition, Stephen Toy, senior managing director of WLR and a current director on IAC's boards has been appointed to the role of chairman. Ross has been appointed as chairman Emeritus. Ross resigned from the boards due to new regulatory restrictions in the European Union which limit the number of directorships a bank officer may hold. Ross was recently appointed as vice chairman of the Bank of Cyprus.

International Automotive Components Group, S.A. Opens New Asia Headquarters, Technical Center in Shanghai; Announces Executive Changes

International Automotive Components (IAC) announced 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. 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.

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