Last $38.73 USD
Change Today -0.67 / -1.70%
Volume 71.8K
THRM On Other Exchanges
As of 10:11 AM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

gentherm inc (THRM) Snapshot

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09/12/14 - $52.29
52 Week Low
02/5/14 - $22.84
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gentherm inc (THRM) Details

Gentherm Incorporated designs, develops, and manufactures thermal management technologies and cable systems worldwide. It operates through three segments: Climate Controlled Seats (CCS), Advanced Technology, and W.E.T. The CCS segment offers products with variable temperature seat climate control systems for individualized thermal comfort to automobile passengers. It also provides automotive heated and cooled cup holders, and heated and cooled mattress products. This segment sells its products primarily to automobile and light truck original equipment manufacturers (OEMs), or their tier one suppliers. The Advanced Technology segment is engaged in the advanced research and development activities to improve the efficiency of thermoelectric devices, as well as to develop, market, and distribute products based on these new technologies. The W.E.T. segment manufactures automotive seat comfort systems, specialized automotive cable systems, and other non-automotive product solutions. Its automotive seat comfort products include automotive seat heaters, climate comfort systems, and steering wheel heater systems, as well as integrated electronic components, such as blowers and electronic control units; and specialized automotive cable systems products consist of ready-made wire harnesses and related wiring products. This segment serves passenger car OEMs, commercial vehicle OEMs, and tier one seat manufacturers, as well as the telecommunication, information technology, and medical equipment industries. The company was formerly known as Amerigon Incorporated and changed its name to Gentherm Incorporated in September 2012. Gentherm Incorporated was founded in 1968 and is headquartered in Northville, Michigan.

7,403 Employees
Last Reported Date: 03/11/14
Founded in 1968

gentherm inc (THRM) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.1M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $441.3K
President of the Automotive Business Unit
Total Annual Compensation: $1.1M
Vice President of Electronics Business Unit
Total Annual Compensation: $476.4K
Compensation as of Fiscal Year 2013.

gentherm inc (THRM) Key Developments

Gentherm Opens New Office for Bedding Division; Appoints Josh Micklos as General Manager, National Accounts and Stephen Palmer as Director, U.S. Sales for Bedding Division

Gentherm announced that it opened a new office in The Woodlands community of Houston to house the Bedding Division of the company's Technologies Group, and the U.S. office of Gentherm Global Power Technologies (GPT). The new Houston office will be located at 8505 Technology Forest Place, Suites 902-903. Josh Micklos has been named General Manager, National Accounts, of the company's newly created Bedding Division. He reports directly to the company's Technologies Vice President Dan Pace. Stephen Palmer was named Director, U.S. Sales, of GPT. Palmer reports directly to GPT's Vice President, Sales Gary Forbes.

Gentherm Begins Construction of New Manufacturing Facility in Vietnam

Gentherm announced that it intends to expand its production capacity in the fast growing Asia market by opening a new manufacturing facility in Vietnam close to the capital city of Hanoi in the northern part of the country. The new facility will be approximately 220,000 square feet in size and is tentatively scheduled to open in the fourth quarter of 2015. The facility will be dedicated to the production of the full line of Gentherm seat comfort and industrial products, and is expected to provide jobs for up to 1,500 people.

Gentherm to Expand Production Capacity in Europe with New Manufacturing Facility in Macedonia

Gentherm announced that it intends to expand its production capacity in Europe by opening a new manufacturing facility in Macedonia. The first phase of the facility would be approximately 65,000 square feet and is tentatively planned to open in the fourth quarter of 2015. The new facility would be dedicated to the production of the full line of Gentherm seat comfort and industrial products, and, after a three year build-up to full employment, is expected to provide jobs for up to 1,000 people. The planned facility site is located close to the city of Prilep in the southwestern part of the country.


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