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Companies : TRW Automotive

TRW-Automotive Frontpage


   With 2004 sales of $12.0 billion, TRW Automotive ranks among the world's top 10 automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, employs approximately 60,000 people in 24 countries. TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services.

  


TRW Automotive ranks among the world’s top 10 largest and most diversified suppliers of automotive systems, modules and components to global vehicle manufacturers and related aftermarkets.

  • $12.0 billion annual sales in 2004

  • Strategically focused product portfolio with more than 80% of sales derived from safety-related products

  • Industry-leading sales diversification, with the largest geographic sales region amounting to 55% of sales, largest customer concentration amounting to 17% of sales and largest product group amounting to 17% of sales

Customers include all major vehicle manufacturers across the primary automotive producing regions Market leadership positions in most primary product lines

Operating Segments

The Company conducts all of its operations through its subsidiaries and along three operating segments.

Chassis Systems

  • 2004 sales of $7.0 billion or 58% of total sales

  • Primary products include steering gears and systems, foundation brakes, brake control (ABS, electronic stability control and traction control systems) and suspension systems

Occupant Safety Systems

  • 2004 sales of $3.4 billion or 29% of sales

  • Primary products include airbags, seat belts, safety electronics and steering wheels

Automotive Components

  • 2004 sales of $1.6 billion or 13% of sales

  • Primary products include body controls, engine valves and engineered fasteners

Employees

As of December 31, 2004, the Company had approximately 60,000 employees, of which 27% are considered salaried workers with the remaining 73% hourly workers.


TRW Automotive Expands Chinese Operations

SHANGHAI, China, April 19, 2005 -- TRW Automotive Holdings Corp. (NYSE: TRW) today announced the expansion of its facilities in Anting, China in support of the Company's growing Chinese and Asia Pacific customer base. The Company announced the expansion of one facility in Anting and the relocation of another from its current Shanghai city location to a larger site also in Anting.

TRW Automotive Components (Shanghai) Co. Ltd. (TACS), a wholly-owned subsidiary of the Company, was established in 2002 and manufactures airbag electronic control units and steering gear assemblies. Due to a growth in demand, the Company has increased its investment in TACS, facilitating the relocation within Anting to a new, larger 20,000 square meter, purpose-built facility -- almost five times the size of its previous site. The expansion will allow for the production of new airbag electronic control units in the future.

The Shanghai TRW Automotive Safety Systems Co., Ltd. (STASS) operation produces occupant safety systems and is a joint venture that was established in 1997 between TRW's predecessor and a subsidiary of Shanghai Automotive Industry Co., Ltd. (SAIC). STASS will relocate from its current location in Shanghai city to a new, larger purpose-built 10,000 square meter facility in Anting. The partners have increased the total investment for this joint venture due to the increase in seatbelt volumes and the introduction of the manufacture of airbag and steering wheel products.


TRW Automotive Opens Polish Engineering Center

LIVONIA, Mich., May 31, 2005 -- TRW Occupant Safety Holding GmbH, a subsidiary of TRW Automotive Holdings Corp., today announced the opening of a new engineering center in Czestochowa, Poland. TRW Automotive anticipates that the center will employ more than 200 people by the end of 2006.

The Czestochowa Engineering Center has been introduced to support the global activities of the Occupant Safety Systems (OSS) business. It has facilities to provide services in product design, numerical simulation, performance modeling, applications engineering, testing, software and hardware engineering, and configuration management, as well as having a fully fitted prototype shop.

TRW Automotive first established a presence in Poland in 1990, and now employs more than 4500 people, reflecting its strength in the active and passive safety field. TRW has five plants in Poland with two sites in Czestochowa, one in Gliwice, one in Czechowice-Dziedzice and one in Pruszkow.


Northrop Grumman bought TRW Inc

On December 12, 2002, Northrop Grumman completed its acquisition of TRW Inc. Information about former TRW defense businesses can now be accessed on the Northrop Grumman website at www.northropgrumman.com Investor information can also be accessed on the same website. Information regarding TRW's automotive business can be accessed at www.trwauto.com

 


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