Visteon Corp

Total Page:16

File Type:pdf, Size:1020Kb

Visteon Corp 20150518-NEWS--0001-NAT-CCI-CD_-- 5/15/2015 6:38 PM Page 1 CRAIN’SReaders first for 30 Years DETROIT BUSINESS May 18-24,2015 Former churches BEAUMONT, CREAM AND find new HENRY FORD SUGAR? ... uses in the afterlife POST PROFITS VITAMINS? Page 3 PAGE3 PAGE3 Van Buren Township is suing Visteon Corp. after a failed bond deal that could bankrupt the Poll: Biz willing community. Should the company share blame? to pay more Visteon: Lesson in caution By Dustin Walsh The case isn’t the first time economic development [email protected] desires have burned municipalities, but experts say this for better roads A lawsuit between Van Buren Township and its case should serve as a cautionary tale. The biggest issue: largest corporate resident, Visteon Corp., underscores vague language about shared risk and the dollars in- the risks of government-led investment in economic volved. Legal experts in this area of law say indemnity Fuel or sales tax hikes are favored options development — and whether corporations should be clauses in any contract like this must be ironclad. held accountable when these kinds of projects go awry. The Visteon development opened in 2004. When The suit, filed May 12 in U.S. Bankruptcy Court in the Visteon Village campus was envisioned, it wasn’t By Lindsay VanHulle Delaware, alleges the multinational auto supplier known that Visteon would ultimately end up in bank- Crain’s Detroit Business/Bridge Magazine breached its contract over bonds tied to the construc- ruptcy court or that the commercial real estate market Metro Detroit businesspeople say tion of Visteon’s opulent 263-acre campus near they would be willing to pay more Ecorse Road and I-275. See VISTEON, Page 22 out of their own pockets to repair Michigan’s failing roads and bridges, The road both in the form of higher taxes and fees — and nearly half of them to funding would even consider corporate in- come tax changes. Survey: Biz owners, The roads, they agree, are broken. managers would pay for What they don’t agree on is just roads, if plan is right what Plan B for roads should look like. 4% Of the 300 business owners and managers surveyed in a poll com- 10% missioned by Crain’s Detroit Busi- ness and law firm Honigman Miller Schwartz and Cohn LLP, a majority, 56 percent, believe some combina- 31% 56% tion of fuel tax and fees could fill the funding gap. The polling was con- ducted by Lansing-based Epic-MRA. Respondents said lawmakers and Gov. Rick Snyder must make reaching a deal on an alternative It will be necessary to raise state funding plan a priority in the wake taxes,fees or both [LARRY PEPLIN] of Proposal 1’s defeat this month. Denita Donahoo (left) gets a grip lesson from instructor Terri Anthony-Ryan last week at the Belle Isle Golf Range. These respondents to the Crain’s Funding can be raised by cutting existing programs and services poll said coming up with Plan B quickly is essential. But they nearly It will take a combination of both uniformly opposed cuts to some cuts and new taxes New owner aims high for Belle Isle golf, existing state programs to match Undecided/refused the $1.2 billion that Proposal 1 Source: Crain’s/Honigman poll See ROADS, Page 25 [ISTOCK PHOTO] but expenses put her in the rough © Entire contents copyright 2015 By Bill Shea ticipated,” she said. “The state underestimated what by Crain Communications Inc. All rights reserved. [email protected] it would cost to open the doors here.” crainsdetroit.com Vol. 31 No 20 $2 a copy. $59 a year. Since she took over the Belle Isle Golf Range on Michigan, which made the island a state park last April 1, Francine Pegues said she has had only year, gave Pegues a three-year contract in February enough time to hit a single bucket of range balls. to operate the golf facility, and her intent has been to That’s distressing for the president of the Michigan use the center as a tool to bring golf to underserved Women’s Golf Association who first took up the game populations, especially children, she said. 39 years ago, but her time has been occupied by Unexpected expenses and troubles have made keeping the driving range and golf training center that a difficult goal. open and maintained. NEWSPAPER “At this point, I have spent more money than I an- See GOLF, Page 21 20150518-NEWS--0002-NAT-CCI-CD_-- 5/15/2015 3:49 PM Page 1 2 CRAIN’S DETROIT BUSINESS // May 18, 2015 scores. But consumers who hadn’t requirement that automakers sell MICHIGAN signed up for the services were being through franchised dealers only, INSIDE billed anyway, according to the Fed- The Detroit News reported. The law THIS ISSUE eral Communications Commission has been criticized by electric car BANKRUPTCIES . 7 and several state attorneys general. maker Tesla Motors. Ⅲ BUSINESS DIARY . 19 Both companies said in statements The coal-fired SS Badger pas- CALENDAR . 20 that they had stopped allowing pre- senger ferry is set to return to serv- CLASSIFIED ADS . 21 mium text messaging before the gov- ice after undergoing a makeover to CRAIN’S LIST . 17 BRIEFS ernment investigation began. meet terms of a deal with the U.S. MARY KRAMER . 9 Environmental Protection Agency, OPINION . 8 The lesson here: Beware … well, call it bacchanalia, in keep- That’s all,for Holland mall; the Ludington Daily News reported. PEOPLE . 19 of Greeks bearing ski poles ing with the overall Greek theme. enter,the shopping center The Badger, which sails between RUMBLINGS . 26 The Detroit Free Press reported that Ludington and Manitowoc, Wis., WEEK ON THE WEB . 26 Perhaps this explains why Greeks Sigma Alpha Mu paid Treetops From the Mall of America to de- will have a new ash retention sys- tend not to excel at the Winter $11,500 for damages and for having mall of Holland. Starting next tem as part of a requirement to stop Olympics. Upon further review, offi- too many guests in 2014. month, Westshore Mall will undergo discharging ash into Lake Michigan. COMPANY INDEX: cials at Treetops Resorts in Gaylord Treetops attorney Paul Dillon said about $20 million of work to turn an Ⅲ A $75 million settlement was SEE PAGE 25 last week said they would file a civil the fraternity was invited back be- enclosed mall along U.S. 31 into an reached with Enbridge Energy over lawsuit against individual members cause 2014 problems weren’t seen as exterior-designed shopping center the 2010 oil spill that sent 800,000 gal- of the Sigma Alpha Mu and Sigma “intentional acts.” To the credit of known as The Shops at Westshore. lons of oil into Talmadge Creek and ny based in Durham, N.C., for $34 Delta Tau fraternities at the University both fraternities, no such ambiguity Greg Erne, a principal at South- the Kalamazoo River, the Kalamazoo million in cash, The Holland Sen- of Michigan for their alleged roles in was present this year. field-based Versa Development, the Gazette reported. The spill affected tinel reported. the destruction of nearly 50 rooms at parent company of Westshore Mall more than 38 miles of the Kalamazoo Ⅲ A Michigan Senate committee the ski resort during the Jan. 17-18 Verizon,Sprint to pay back Investors, told WZZM-Channel 13 in River and 4,435 acres of shoreline voted to let the filing deadline for weekend. customers over ‘cramming’ Grand Rapids that the switch is a re- habitat. Flint’s mayoral primary be extended The Otsego County prosecutor al- sponse to, naturally, shoppers in the Ⅲ Atlanta-based Georgia-Pacific after city Clerk Inez Brown told can- ready had criminally charged three Michigan is to receive $538,934 area. will close its packaging plant in didates their nominating petitions members of Sigma Alpha Mu when from Verizon Wireless and Sprint The entire project is expected to Parchment just north of Kalamazoo with at least 900 valid signatures Treetops lawyers issued a statement Corp. as part of a $158 million na- last about 18 months. Upon com- by the end of the year, eliminating were due April 28. The actual dead- that said, “Several facts … now sug- tionwide deal to settle charges that pletion, the shopping center will 57 jobs, MiBiz reported. line was April 21. gest that legal action beyond the the mobile giants allowed phony have about 20-25 stores ranging Ⅲ Elkhart, Ind.-based Forest Ⅲ Frankenmuth Brewery’s Batch criminal matter should be pursued.” charges on their customers’ month- from large department retailers to River Manufacturing Inc., whose 69 American IPA was awarded the Treetops officials said they decided to ly bills so they could keep a cut of small businesses, Erne said. West- products include travel trailers and 2015 Gold Medal for Best IPA (neo- pursue a civil suit partially because the profit, The Associated Press re- shore Mall Investors purchased the pop-up tent campers, broke ground phytes can Google it) at the World only three people have been charged. ported. In total, Michigan has re- mall from Coastline Michigan LLC in on a $7 million plant in White Pi- Expo of Beer, considered the largest Treetops estimates $430,000 in costs ceived nearly $1.3 million as a part 2012 for about $5.5 million. geon west of Kalamazoo, the Kala- beer sampling event in Michigan. from the vandalism. of four national cramming settle- mazoo Gazette reported. Forest Ⅲ Faced with a $21.9 million So assuming your hackles have ments with major carriers.
Recommended publications
  • Mahindra XUV 500 Tesla Model S Cluster Audio/Infotainment Lighting Control Module
    Visteon Corporation: Leveraging Core Strengths Deutsche Bank Global Auto Industry Conference January 2014 Forward-Looking Information This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various factors, risks and uncertainties that could cause our actual results to differ materially from those expressed in these forward-looking statements, including, but not limited to, conditions within the automotive industry, including (i) the automotive vehicle production volumes and schedules of our customers, and in particular Ford's and Hyundai-Kia’s vehicle production volumes, (ii) the financial condition of our customers and the effects of any restructuring or reorganization plans that may be undertaken by our customers, including work stoppages at our customers, and (iii) possible disruptions in the supply of commodities to us or our customers due to financial distress, work stoppages, natural disasters or civil unrest; our ability to satisfy future capital and liquidity requirements; including our ability to access the credit and capital markets at the times and in the amounts needed and on terms acceptable to us; our ability to comply with financial and other covenants in our credit agreements; and the continuation of acceptable supplier payment terms; our ability to execute on our transformational plans and cost-reduction initiatives in the amounts and on
    [Show full text]
  • Who Supplies Whom in Europe
    20080317-GTP_who_supplies.qxd 3/14/08 5:58 PM Page 2 2008 Guide to purchasing Who supplies whom in Europe Audi BMW Fiat Ford GM Europe Jaguar-Land RoverMercedes/Smart Air conditioning Behr, Denso, Valeo Behr, Denso, Valeo Denso, Valeo Behr, Visteon Behr, Delphi, Valeo Behr, Denso, Visteon Behr, Denso, Eberspächer, Valeo Airbags Autoliv, Key Safety Systems, Alcoa, Autoliv, Takata Petri, Autoliv, Key Safety Systems, Autoliv, Takata-Petri, Autoliv, Key Safety Systems, Autoliv Alcoa , Autoliv, Takata-Petri, Takata-Petri, TRW TRW Automotive TRW Automotive TRW Automotive Takata-Petri, TRW Automotive TRW Automotive Antilock brakes Bosch, Continental Bosch, Continental Bosch, TRW Automotive Continental, TRW Automotive Bosch, Continental, Bosch, Continental Bosch TRW Automotive Automatic Aisin AW, Magneti Marelli, ZF Friedrichshafen Aisin AW, Magneti Marelli Jatco, Magneti Marelli Aisin AW, Magneti Marelli ZF Friedrichshafen Getrag, Magneti Marelli, ZF Friedrichshafen transmissions ZF Friedrichshafen, ZF Sachs Axles Volkswagen Braunschweig Alcoa, ThyssenKrupp, Johnson Controls, Magneti Marelli, Benteler Delphi, Magneti Marelli Dana, Visteon Benteler, ThyssenKrupp, TMD Friction ZF Friedrichshafen TRW Automotive, Varta Batteries Johnson Controls, Moll, Varta Johnson Controls, Seeber, Varta, n/a Johnson Controls, Benteler Delphi, Johnson Controls, Delphi, Johnson Controls, Varta Johnson Controls, Varta, Voestalpine Vb Autobatterie Varta, Vb Autobatterie Brake lines/ Continental, Cooper-Standard, Continental, Freudenburg, FTE, Bosch, CF Gomma, Continental,
    [Show full text]
  • Driving Toward a Sustainable Future
    Driving Toward a Sustainable Future 2019 Corporate Sustainability Report Contents 3 INTRODUCTION 36 PRODUCTS 4 CEO Letter 37 Safety Products Visteon Corporation has a longstanding commitment to 5 Our Commitment 38 Autonomous Driving Technology corporate sustainability and citizenship. In support of this 6 Leadership Principles commitment, we are providing this report as a summary 7 Company Profile 39 SUPPLY CHAIN of the company’s corporate responsibility activities. 40 Supplier Sustainability Included are highlights of company initiatives, practices 8 Sustainability Strategy 41 Strategic Supplier Award and achievements related to ethics and governance, 9 Industry Associations environment, health and safety, products, supply chain, 10 Awards 42 QUALITY quality and our people. 13 ETHICS AND GOVERNANCE 43 Quality Policy Visteon is focused on leading the digital revolution in 14 Ethics and Integrity Policy 44 Visteon Quality Awards cockpit electronics, delivering key product platforms that 15 Code of Basic Working Conditions are essential to the cockpit of the future. As a technology- 45 PEOPLE 16 Conflict Minerals driven company focused on cockpit electronics that 46 Employee Engagement 17 Governance – Board of Directors address the digital, electric and autonomous evolution, 47 Learning and Development Visteon has a world-class workforce and an unwavering 48 Leadership Programs dedication to corporate sustainability. 18 ENVIRONMENT 20 Energy Team 49 Diversity and Inclusion 21 Sustainability Programs 50 Diversity Successes 22 Environmental Metrics 51 Employee Resource Groups 24 Environmental Successes 52 Community Outreach 26 CDP Reports 53 Community Successes 27 HEALTH AND SAFETY 29 Metrics 31 Health and Safety Successes 32 Zero Injury Facilities 33 2018 Target Performance 35 2019 Targets 2 INTRODUCTION CEO Letter Responsibly Leading the Digital Cockpit Revolution Our environmental performance also continues to improve Visteon is committed to the highest levels of sustainability across our manufacturing operations.
    [Show full text]
  • Form 10 Visteon Corporation
    Table of Contents As filed with the Securities and Exchange Commission on May 19, 2000 File No. 001-15827 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM 10 GENERAL FORM FOR REGISTRATION OF SECURITIES PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 VISTEON CORPORATION (Exact Name of Registrant as Specified in Its Charter) DELAWARE 38-3519512 (State or Other Jurisdiction of (I.R.S. Employer Incorporation or Organization) Identification No.) Fairlane Plaza North 10th Floor 290 Town Center Drive Dearborn, Michigan 48126 (Address of Principal Executive Offices) (Zip Code) (800) VISTEON (Registrant’s telephone number, including area code) Securities to be registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which to be so registered each class is to be registered Common Stock, par value $1.00 per share The New York Stock Exchange Securities to be registered pursuant to Section 12(g) of the Act: None Table of Contents INFORMATION REQUIRED IN REGISTRATION STATEMENT CROSS-REFERENCE SHEET BETWEEN INFORMATION STATEMENT AND ITEMS OF FORM 10 Item 1. Business The information required by this item is contained under the sections “Summary,” “Risk Factors,” “Business” and “Relationship with Ford” of the Information Statement attached hereto. Those sections are incorporated herein by reference. Item 2. Financial Information The information required by this item is contained under the sections “Summary,” “Capitalization,” “Unaudited Pro Forma Condensed Consolidated Financial Statements,” “Selected Consolidated Financial Data” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” of the Information Statement.
    [Show full text]
  • Understanding the Automotive Supply Chain: the Case for Chrysler's Toledo Supplier Park and Its Integrated Partners KTPO, Magn
    Understanding the Automotive Supply Chain: The Case for Chrysler’s Toledo Supplier Park and its Integrated Partners KTPO, Magna, and OMMC Prepared by Mark Vonderembse 419-530-4319 [email protected] David Dobrzykowski 419-297-6600 [email protected] College of Business Administration MS 103 The University of Toledo Toledo, Ohio 43606 In Cooperation with Chrysler LLC Scott Reynolds, Follow Up Supervisor James Shipman, Inventory Control, Planning & Timing Manager KUKA Toledo Production Operations LLC (KTPO) Jake Ladouceur, Managing Director Mark Forgach, Production Control Manager Mark Paull, Commercial Manager Ohio Module Manufacturing Co., LLC (OMMC) Seung Yang, Senior Manager, Commercial Business Unit Tom Cousino, Plant Manager Kevin Bentley, Material & Logistics Manager Dan Downey, Sr. HR/Quality Manager Toledo Molding & Die, Inc. Mark Harbaugh, Plant Manager Support by Center for Freight Infrastructure Research and Education University of Wisconsin, Madison 1 Understanding the Automotive Supply Chain: The Case for Chrysler’s Toledo Supplier Park and its Integrated Partners KTPO, Magna, and OMMC The purpose of this document is to describe the supply chain that produces automobiles and light trucks from the perspective of the assembly plant, which controls the tempo of production and coordinates actions of the upstream supply chain beginning with tier one suppliers of chassis and auto bodies and the downstream distribution system that ends at the dealership. The automotive supply chain is a large, complex operation that requires sophisticated management techniques, substantial information technology expertise, and close coordination to reduce throughput time and eliminate non-value added activities. This document specifically examines the Jeep Wrangler which is produced at Chrysler’s Toledo Supplier Park.
    [Show full text]
  • Securities and Exchange Commission
    SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report April 10, 2002 -------------- (Date of earliest event reported) VISTEON CORPORATION ------------------- (Exact name of registrant as specified in its charter) Delaware 1-15827 38-3519512 -------- ------- ---------- (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 5500 Auto Club Drive, Dearborn, Michigan 48126 - ------------------------------------------ ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (800)-VISTEON ------------- - 2 - ITEM 5. OTHER EVENTS. On April 10, 2002, we issued a press release announcing that our Board of Directors had appointed two new members to the Board, and a press release reporting that our Board of Directors had declared a cash dividend. These press releases, filed as Exhibit 99.1 and 99.2 to this Current Report on Form 8-K, are incorporated herein by this reference. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. Exhibit No. Description 99.1 Press release dated April 10, 2002 99.2 Press release dated April 10, 2002 - 3 - SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VISTEON CORPORATION Date: April 10, 2002 By: /s/Stacy L. Fox --------------------------------
    [Show full text]
  • UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) October 12, 2015 VISTEON CORPORATION (Exact name of registrant as specified in its charter) Delaware 1-15827 38-3519512 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) One Village Center Drive, Van Buren Township, Michigan 48111 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code (800)-VISTEON Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ¨ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) SECTION 8 – OTHER EVENTS Item 8.01. Other Events. On October 12, 2015, Visteon Corporation (the “Company”) announced the appointment of David G. Pettyes as the Company’s vice president and chief human resources officer. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS Item 9.01. Financial Statements and Exhibits. Exhibit No. Description 99.1 Press release dated October 12, 2015.
    [Show full text]
  • Cyber Security and Resilience of Smart Cars Good Practices and Recommendations
    Cyber Security and Resilience of smart cars Good practices and recommendations DECEMBER 2016 www.enisa.europa.eu European Union Agency For Network And Information Security Cyber Security and Resilience of smart cars December 2016 About ENISA The European Union Agency for Network and Information Security (ENISA) is a centre of network and information security expertise for the EU, its member states, the private sector and Europe’s citizens. ENISA works with these groups to develop advice and recommendations on good practice in information security. It assists EU member states in implementing relevant EU legislation and works to improve the resilience of Europe’s critical information infrastructure and networks. ENISA seeks to enhance existing expertise in EU member states by supporting the development of cross-border communities committed to improving network and information security throughout the EU. More information about ENISA and its work can be found at www.enisa.europa.eu. Contact For contacting the authors please use [email protected]. For media enquiries about this paper, please use [email protected]. Acknowledgements Over the course of this study, we have received valuable input and feedback from: Ami Dotan (Karamba Security) Andreas Bogk (HERE) Assaf Harel (Karamba Security) Aymen Boudguiga (IRT SystemX) Carsten Maple (University of Warwick) Christian Olt (Deutsche Telekom) Dario Castello (Fiat Chrysler Automobile Group) David Barzilai (Karamba Security) Eric Barenzung (EB Consulting) Erwan Broquaire (CEREMA) Evgeny Grigorenko (Kaspersky Lab) Florian Stosse (Bureau Veritas) Franck Sadmi (Bureau Veritas) Francois Terrot (Visteon Corporation) Frank Marescal (Gendarmerie Nationale-France) Gianmarco Baldini (Joint Research Center) Giovanni Rigazzi (University of Bristol) Guillaume Dufay (Prove & Run) Hari Sankar Ramakrishnan (RDW.
    [Show full text]
  • Automotive Industry Insights
    INDUSTRY INSIGHTS Automotive – Summer 2020 Industry Insights: Automotive – Summer 2020 2 0 2 0 B Y Highlights THE NUMBERS The automotive industry slowed considerably in the first half of 2020 as COVID-19 decimated economies and eroded consumer confidence worldwide. As plants shut their doors and auto manufacturers and suppliers trimmed costs wherever possible, the auto industry suffered meaningfully. While the fallout of the virus remains to be seen, hope for a quick rebound Global light vehicle sales decreased by 32.0% waned as expectations for long-term consumer spending, especially on in H1 2020 compared to H1 2019.1 durable goods, including automobiles, dimmed.1 Global light vehicle sales declined 32.0% in H1 2020 relative to the same period in 2019 as COVID-19 depressed the market throughout the first quarter. In the U.S., light vehicle sales declined 24.0% year-over-year to 6.5 For H1 2020, China’s auto sales plummeted million units in the half.2 In June 2020, U.S. light vehicle sales remained low 17.1%, with 9.9 million units sold.1,4 at 13.1 million units at a seasonally adjusted annual rate (SAAR), up slightly from the 11.4 million mark in March 2020.3 Interest rates on consumer installment loans for new automobiles were In June 2020, U.S. light vehicle SAAR was 5.13% in May 2020 in the U.S., down from 5.29% in February 2020 and 13.1 million units, considerably down from the 5.35% in May 2019, as the Fed’s rate cuts began filtering through the 17.2 million mark in June 2019.2 economy.4 In H1 2020, auto sales in China declined 17.1%, compared to the same period in 2019.
    [Show full text]
  • Visteon 2012 Annual Report
    Accelerating Value Creation 2012 Annual Report Our Family of Businesses Halla Visteon Climate Control Corp. Halla Visteon Climate Control (HVCC) is a full-line supplier of automotive climate systems and components, and the world’s second largest provider of such products. HVCC supplies global automakers with compressors; heating ventilation and air HVCCHVCC conditioning; fluid transport; powertrain cooling; and electric vehicle and hybrid battery cooling solutions. With 33 manufacturing sites supported by five global technical centers in 18 countries, HVCC employs approximately 11,000 people. HVCC is 70 percent owned by Visteon and is traded on the Korea Stock Exchange (HCC, KS: 018880). Visteon Electronics Visteon Electronics is a global provider of innovative electronic components and systems for the vehicle cockpit, a rapidly growing market, including audio and infotainment systems, instrument clusters, displays, climate controls and decorative control panels. Dedicated to enhancing the overall driving experience, Visteon Electronics is supported by 16 manufacturing plants, four global technical centers and 11 regional customer centers with nearly 5,000 employees in its consolidated operations. Visteon Interiors Visteon Interiors designs and manufactures high-quality instrument panels, door and trim panels, floor consoles and cockpit modules for global vehicle manufacturers. With its global presence in instrument panel and door panel production, the business has a significant track record of providing cutting-edge technology and innovation, supported by eight technical centers around the world. With more than 5,000 employees in its consolidated operations, Visteon Interiors supports customers from 18 manufacturing sites and five just-in-time assembly operations. Yanfeng Visteon Yanfeng Visteon Automotive Trim Systems Co., Ltd.
    [Show full text]
  • Eligible Company List - Updated 2/1/2018
    Eligible Company List - Updated 2/1/2018 S10009 3 Dimensional Services Rochester Hills, MI Supplier Employees Only S65830 3BL Media LLC North Hampton, MA Supplier Employees Only S69510 3D Systems Rock Hill, SC Supplier Employees Only S65364 3IS Inc Novi, MI Supplier Employees Only S70521 3R Manufacturing Company Goodell, MI Supplier Employees Only S61313 7th Sense LP Bingham Farms, MI Supplier Employees Only D18911 84 Lumber Company Eighty Four, PA DCC Employees Only S42897 A & S Industrial Coating Co Inc Warren, MI Supplier Employees Only S73205 A and D Technology Inc Ann Arbor, MI Supplier Employees Only S57425 A G Manufacturing Harbour Beach, MI Supplier Employees Only S01250 A G Simpson (USA) Inc Sterling Heights, MI Supplier Employees Only F02130 A G Wassenaar Denver, CO Fleet Employees Only S80904 A J Rose Manufacturing Avon, OH Supplier Employees Only S19787 A OK Precision Prototype Inc Warren, MI Supplier Employees Only S62637 A Raymond Tinnerman Automotive Inc Rochester Hills, MI Supplier Employees Only S82162 A Schulman Inc Fairlawn, OH Supplier Employees Only S78336 A T Kearney Inc Chicago, IL Supplier Employees Only D80005 A&E Television Networks New York, NY DCC Employees Only S64720 A.P. Plasman Inc. Fort Payne, AL Supplier Employees Only S36205 AAA National Office (Only EMPLOYEES Eligible) Heathrow, FL Supplier Employees Only S31320 AAF McQuay Inc Louisville, KY Supplier Employees Only S14541 Aarell Process Controls Group Troy, MI Supplier Employees Only F05894 ABB Inc Cary, NC Fleet Employees Only S10035 Abbott Ball Co
    [Show full text]
  • VISTEON CORPORATION (Exact Name of Registrant As Speciñed in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-K (Mark One) ≤ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Ñscal year ended December 31, 2003, or n TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission Ñle number 1-15827 VISTEON CORPORATION (Exact name of Registrant as speciÑed in its charter) Delaware 38-3519512 (State of incorporation) (I.R.S. employer identiÑcation no.) 17000 Rotunda, Dearborn, Michigan 48120 (Address of principal executive oÇces) (Zip code) Registrant's telephone number, including area code: (800)-VISTEON Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on Title of each class which registered Common Stock, par value $1.00 per share New York Stock Exchange Indicate by check mark whether the Registrant: (1) has Ñled all reports required to be Ñled by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to Ñle such reports), and (2) has been subject to such Ñling requirements for the past 90 days. Yes „ No Indicate by check mark if disclosure of delinquent Ñlers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of Registrant's knowledge, in deÑnitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.
    [Show full text]