September 26, 2017 6:41 PM ET

Auto Components

Company Overview of Chassix Inc.

Company Overview

Chassix Inc. designs, engineers, machines, and assembles aluminum and ductile iron castings. It offers chassis products and assemblies, which include upper and lower control arms assemblies, front and rear crossmembers, front and rear steering knuckles, brake anchors and caliper housings, wheel hubs, and spindles and stems, as well as aluminum, cast iron, and forged steel links; brake corner, front, and rear modules and assemblies, such as knuckles and spindles, brake calipers and park brakes, rotors, bearings and hub bearing assemblies, dust and splash shields, fasteners, and brake cables; and powertrain products, including engine blocks, intake manifolds, cylinder heads, transmission housi...

300 Galleria Officentre

Suite 501

Southfield, MI 48034

United States

Founded in 1978

Phone:

248-728-8700

Fax:

248-647-7811

Key Executives for Chassix Inc.

Chief Executive Officer and President
Age: 55
Chief Financial Officer
Senior Vice President of Operations and Casting
Age: 65
President of North America
Chief Administrative Officer and Vice President of Legal & Human Resources
Compensation as of Fiscal Year 2017.

Chassix Inc. Key Developments

Chassix Plans to Establish Greenfield Plant in Ostrava, Czech Republic

Chassix announced plans to establish a greenfield plant in Ostrava, Czech Republic, expanding its manufacturing footprint into Eastern Europe. The facility, which will cast aluminum chassis and powertrain components for passenger cars, will be operational in early 2018 and accounts for an investment of about $50 million. The Chassix Ostrava facility will cover 140,000 square feet to be filled with the high rated machinery and equipment. It will be the company's first casting foundry, and third plant in Europe, further vertically integrating the Chassix manufacturing footprint in each of the key automotive regions. Although initially built to provide aluminum castings, the plant has been designed to support future growth in the lightweighting automotive market, as many international OEMs are located near Chassix Ostrava. The Ostrava facility will be built in accordance with Chassix's world class manufacturing standards and will initially focus on aluminum casting operations, as well as, machining and assembly operations. Chassix Ostrava is expected to generate approximately 350 skilled jobs in the region.

Chassix Appoints Iwona Niec Villaire as Vice President and General Counsel

Chassix has appointed Iwona Niec Villaire as vice president and general counsel. Reporting to Doug DelGrosso, president and CEO, Chassix, Villaire is responsible for providing legal guidance, direction and oversight to corporate business development, financial agreements, corporate governance and compliance, commercial transactions and employment matters. Villaire joins Chassix from Cooper-Standard Automotive Inc. where she served the past nine years as deputy general counsel and director of global compliance.

Chassix Names Michael Beyer as Chief Financial Officer

Chassix, has named Michael Beyer chief financial officer. Reporting to Doug DelGrosso, president and CEO, Chassix, Beyer is responsible for providing strategic guidance and oversight to corporate finance, treasury, financial planning and analysis, reporting, tax, and investor relations. Beyer has over 25 years of financial and accounting management experience, most recently serving as chief financial officer of Wolverine Advanced Materials. Previously, he served as corporate controller for Affinia Group, and held increasingly responsible finance and accounting roles over a 14-year period with Dana Corporation.

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