Company Overview of TRW Automotive Inc.
TRW Automotive Inc. manufactures and supplies aftermarket products, braking products, chassis, commercial steering products, electronics, engine components, engineered fasteners, and occupant restraints for vehicle manufacturers worldwide. It offers smart airbags; active and passive seat belts, and child restraint seats; hydraulic and manual rack and pinion steering gears and systems; electrically-assisted steering systems and modules; valves, pistons, and other safety-critical engine components; central locking systems and other convenience electronics; switches and controls, such as power mirrors and HVAC units; and fasteners that attach interior and exterior trim and wire harnesses. The c...
12001 Tech Center Drive
Livonia, MI 48150
Founded in 2002
Key Executives for TRW Automotive Inc.
Chief Financial Officer and Executive Vice President
Chief Operating Officer and Executive Vice President
Executive Vice President of Human Resources
Executive Vice President of Sales & Business Development
Compensation as of Fiscal Year 2015.
TRW Automotive Inc. Key Developments
TRW Automotive Inc. Announces Results of Change of Control Offers to Purchase Its 4.50% Senior Notes Due 2021 and 4.450% Senior Notes Due 2023
Jun 26 15
TRW Automotive Inc. announced the results of its offers to purchase for cash any and all of its outstanding 4.50% Senior Notes due 2021 and 4.450% Senior Notes due 2023 at a purchase price equal to 101% of the principal amount thereof, plus accrued and unpaid interest to, but not including, the payment date of June 26, 2015. The Offers were made to satisfy the requirements of the indentures governing the Notes as a result of a change of control transaction. The tender agent for the Offers has advised the company that, as of the expiration of the Offers at 11:59 p.m., New York City time, on June 25, 2015, a total of $281,257,000 and $357,466,000 aggregate principal amount of 2021 Notes and 2023 Notes, respectively, had been validly tendered and not withdrawn. All Notes that were validly tendered and not withdrawn have been accepted for payment.
TRW Automotive Unveils Next-Generation Seatbelt Buckle, the RNS5s
Mar 30 15
TRW Automotive has unveiled a next-generation seatbelt buckle, the RNS5s, which is around 15% lighter and 20% smaller than previous generation systems. The new buckle technology will be used in front and rear seat applications. Its production started in Europe at the beginning of 2015. The lightweight and smaller packaging of the seat buckle is in line with automakers' efforts to meet new emissions and fuel economy targets. In addition, the smaller buckle offers various packaging advantages for automakers.
TRW Automotive Announces Executive Changes
Jan 7 15
TRW Automotive has announced that it is expanding its Electronics business The company has appointed Brian Loh as the new vice-president of its active safety product portfolio. Loh is responsible for all driver assist system (DAS) sensors, central safety domain electronic control units (ECUs), and the company's automated vehicle strategy and execution. TRW has also appointed Hans-Gerd Krekels as director of active safety engineering, with responsibility for DAS sensors, central safety domain ECU controllers, and software required for automated driving.
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