DOCSLIB.ORG

TRW Automotive Holdings Corp. 2005 Annual Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
TRW Automotive Holdings Corp. 2005 Annual Report TRW Automotive TRW Automotive Holdings Corp. 12001 Tech Center Drive Livonia, Michigan 48150 2005 Annual Report (734) 855-2600 www.trwauto.com The Road Ahead: TRW advanced radar and video sensing systems work together to monitor the road ahead. Board of Directors (as of March 10, 2006) Neil P. Simpkins 2,3 Robert L. Friedman Jody G. Miller 1 Chairman of the Board; Senior Managing Director, Venture Partner with Maveron, LLC; Senior Managing Director, Chief Administrative Officer and former Executive Vice President and The Blackstone Group L.P. Chief Legal Officer, former acting President and The Blackstone Group L.P. Chief Operating Officer, Americast John C. Plant 3 President and Chief Executive Officer, Matthew Kabaker 2 Paul H. O’Neill TRW Automotive Holdings Corp. Principal, The Blackstone Group L.P. Special Advisor, The Blackstone Group L.P.; former U.S. Secretary of the Treasury Francois J. Castaing 1 J. Michael Losh 1 and former Chairman and Consultant for Castaing & Associates; Former Interim Chief Financial Officer, Chief Executive Officer, Alcoa former Executive Vice President, Vehicle Cardinal Health; former Executive Vice Engineering, and Technical Advisor to the President and Chief Financial Officer, Committee Memberships 1 Chairman, DaimlerChrysler Corporation General Motors Corporation Audit Committee 2 Compensation Committee 3 Corporate Governance and Nominating Committee Executive Officers John C. Plant David L. Bialosky Peter J. Lake President and Chief Executive Officer Executive Vice President, Executive Vice President, General Counsel and Secretary Sales and Business Development Steven Lunn Executive Vice President and Joseph S. Cantie Neil E. Marchuk Chief Operating Officer Executive Vice President and Vice President, Human Resources Chief Financial Officer Stockholder Information Annual Meeting Shareholders Account Services Stock Exchange The annual meeting of TRW Automotive Shareholders who own TRW Automotive TRW Automotive Holdings Corp. common Holdings Corp. shareholders will be held stock through a brokerage firm should stock is listed on the New York Stock at 4:00 p.m. (local time), Tuesday, May contact their broker for account-related Exchange under the symbol TRW. 16, 2006, at the Ritz Carlton New York – requests. Battery Park, Two West Street, New York, Auditors National City Bank acts as transfer agent NY 10004. Proxy materials and a formal Ernst & Young LLP Helping to protect and registrar for TRW Automotive and can notice of the meeting will be sent to Troy, Michigan assist registered shareholders with a vari- shareholders beforehand. ety of shareholder-related services, includ- Number of Holders through the evolution of safety. ing change of address, lost stock Investor Information On March 10, 2006, there were 218 certificates, transfer of stock to another At TRW Automotive, we relentlessly seek innovative solutions that help make cars and trucks Shareholders, security analysts and holders of record of our common stock. person and other related administrative investors can access Company news and safer. Our dedicated employees work to design, develop and manufacture automotive safety and services. Please contact National City events, periodic reports filed with the CEO Certification Bank by writing or calling: other systems for virtually every vehicle manufacturer in the world. The Company produces Securities and Exchange Commission On May 2, 2005, TRW Automotive’s active safety products in the chassis technology areas of braking, steering and suspension, and (“SEC”) and other related Company infor- National City Bank Chief Executive Officer (CEO) provided to mation by visiting our web site at TRW Automotive the New York Stock Exchange the annual is a major supplier of passive safety systems such as seat belts and airbags. Whether it’s a www.trwauto.com. Shareholder Services – Loc. 5352 CEO certification stating that TRW P.O. Box 92301 Automotive is in compliance with the curtain airbag system like that pictured on the front cover, or safety electronics that help to For a printed copy of this annual report or Cleveland, Ohio 44101-4301 New York Stock Exchange’s corporate for current SEC filings such as the Form make critical decisions when every millisecond counts, TRW Automotive is advancing governance listing standards. 10-K, please send a written request to: [email protected] automotive safety for drivers and passengers everywhere. Telephone: (800) 622-6757 Investor Relations 12001 Tech Center Drive Livonia, Michigan 48150 Additionally, you can call (800) 219-7411 or send an e-mail to [email protected] to Cover: TRW’s side impact rollover protection system, and the lives it helps protect. request this information. Above: TRW’s airbag electronic control unit, and the life it helps protect. Financial Highlights (in $ millions, except where noted) Years Ended December 31 Select Income Statement Items: 2005 12004 Sales 12,643 12,011 Operating income 553 a 580 a Operating income as a % of sales 4.4 % 4.8 % Net interest and securitization expense 231 252 Debt retirement expenses 7 b 173 b Net earnings 204 29 Net earnings excluding debt retirement expenses and one-time benefits 176 b,c 173 b Common Stock Per Share Data: Weighted average diluted shares 102.3 100.5 Net earnings per diluted share 1.99 0.29 Net earnings excluding debt retirement expenses and one-time benefits per diluted share 1.72 b,c 1.72 b Capital Structure /Cash Flow: Cash and marketable securities 676 809 Gross debt 3,236 3,181 Net debt (gross debt less cash and marketable securities) 2,560 2,372 Net debt impact from Dalphimetal acquisition 244 d — Net debt excluding impact of Dalphimetal acquisition 2,316 2,372 Capital expenditures 503 493 Net cash provided by operating activities 502 787 a Operating income includes restructuring and asset impairment expenses of $107 million in 2005 and $38 million in 2004. b See the Reconciliation Section after the Report on Form 10-K herein for detail of the components included in debt retirement expenses and a reconciliation to the closest GAAP measurement. c 2005 one-time benefits include $18 million for adjustment to reserves for litigation and $17 million for a tax law change in Poland. d Reflects Dalphimetal transaction cost of $140.5 million plus year-end debt of $110.9 million less year-end cash of $7.1 million. Customer Mix Geographic Mix Other 15.7% Ford 16.1% Europe 55% Hyundai 2.1% Honda 2.6% Toyota 3.1% DaimlerChrysler 14.4% BMW 3.5% North America 36% PSA 4.1% Fiat 4.3% Renault/Nissan 8.5% Volkswagen 14.3% Rest of World 9% General Motors 11.3% Product Mix Other 1.2% Fasteners & Components 3.4% Body Controls 4.4% Steering Gears & Systems 16.3% Engine Valves 4.9% Steering Wheels 3.2% Crash Sensors & Other Electronics 5.8% Foundation Brakes 14.1% Seat Belts 7.4% ABS & Other Brake Control 9.3% Airbags 14.2% Aftermarket 7.2% Chassis Modules 3.9% Link & Suspension 4.7% Active Passive Auto Components 1 Our leading diversification improved in 2005. For the year, we generated 64 percent of our sales outside of North America, our largest customer stood at 16 percent of sales and the largest vehicle program represented just 3 percent of our sales. Further, our diversification strengthened as a result of last year’s acquisition of a majority stake in Dalphi Metal Espana, S.A. (“Dalphimetal”), which manufactures airbags and steering wheels. The integration of Dalphimetal provides increased business with leading European manufacturers and better positions us to meet the growing demand for passive safety products. There is a tremendous sense of urgency at TRW to enhance our status as a leading supplier and to improve our competitiveness in this unrelenting industry environment. We accelerated our cost reduction plans in 2005, announcing ten plant closures and raising our restructuring-related expenses above $100 million. The incremental investment in restructuring Dear Shareholders will provide a more competitive footprint by improving capacity utilization and lowering manufacturing costs. I’m pleased to say that 2005 was a year of solid achievement and significant progress for TRW. The Company performed Our focus on safety innovation has never been sharper. well in an extremely challenging industry environment, and For the third consecutive year, we increased our investment for the second consecutive year as a publicly traded company, in research, development and engineering, spending we exceeded our financial and operational targets. approximately $780 million or 6.2 percent of sales in 2005. Most of the additional investment was in technical expertise, We also made significant progress across all of our Strategic raising our engineering population worldwide to approximately Priorities (Best Quality, Lowest Cost, Global Reach and 5,000 employees. We are investing capital to grow our Innovative Technology). These Priorities, which are essential capabilities in all regions, including the acquisition of to the Company’s long-term competitiveness, have become Dalphimetal and significant investments in Asia, where we ingrained in our daily business activities and are used to now have 30 facilities, 3,600 employees and 14 joint guide our allocation of resources to support research and ventures as well as wholly owned TRW facilities. In 2005, development, manufacturing investments and growth we opened technical centers in China and Poland, and another initiatives. one is planned for Japan. During the course of the year, we experienced a number We believe TRW’s level of safety offerings has no equal in the of profit pressures, including customer demands for price marketplace. As a leader in integrated safety systems, we have reductions, erosion of market share of our largest North the unique ability to assist our customers in taking automotive American customers, rising interest rates, customer and safety to the next level. This is one reason why vehicle supplier solvency issues and significantly higher costs for manufacturers regularly seek our expertise to help them commodities such as steel, resins, energy and more recently develop advanced safety solutions.
Load more

Recommended publications
  • FORM 10-Q Kosmos Energy Ltd
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2013 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-35167 Kosmos Energy Ltd. (Exact name of registrant as specified in its charter) Bermuda 98-0686001 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) Clarendon House 2 Church Street Hamilton, Bermuda HM 11 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: +1 441 295 5950 Not applicable (Former name, former address and former fiscal year, if changed since last report) Indicate by check mark whether the registrant: (1) has filed all reports required to be filed 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 file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x Noo Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
    [Show full text]
  • USCIS - H-1B Approved Petitioners Fis…
    5/4/2010 USCIS - H-1B Approved Petitioners Fis… H-1B Approved Petitioners Fiscal Year 2009 The file below is a list of petitioners who received an approval in fiscal year 2009 (October 1, 2008 through September 30, 2009) of Form I-129, Petition for a Nonimmigrant Worker, requesting initial H- 1B status for the beneficiary, regardless of when the petition was filed with USCIS. Please note that approximately 3,000 initial H- 1B petitions are not accounted for on this list due to missing petitioner tax ID numbers. Related Files H-1B Approved Petitioners FY 2009 (1KB CSV) Last updated:01/22/2010 AILA InfoNet Doc. No. 10042060. (Posted 04/20/10) uscis.gov/…/menuitem.5af9bb95919f3… 1/1 5/4/2010 http://www.uscis.gov/USCIS/Resource… NUMBER OF H-1B PETITIONS APPROVED BY USCIS IN FY 2009 FOR INITIAL BENEFICIARIES, EMPLOYER,INITIAL BENEFICIARIES WIPRO LIMITED,"1,964" MICROSOFT CORP,"1,318" INTEL CORP,723 IBM INDIA PRIVATE LIMITED,695 PATNI AMERICAS INC,609 LARSEN & TOUBRO INFOTECH LIMITED,602 ERNST & YOUNG LLP,481 INFOSYS TECHNOLOGIES LIMITED,440 UST GLOBAL INC,344 DELOITTE CONSULTING LLP,328 QUALCOMM INCORPORATED,320 CISCO SYSTEMS INC,308 ACCENTURE TECHNOLOGY SOLUTIONS,287 KPMG LLP,287 ORACLE USA INC,272 POLARIS SOFTWARE LAB INDIA LTD,254 RITE AID CORPORATION,240 GOLDMAN SACHS & CO,236 DELOITTE & TOUCHE LLP,235 COGNIZANT TECH SOLUTIONS US CORP,233 MPHASIS CORPORATION,229 SATYAM COMPUTER SERVICES LIMITED,219 BLOOMBERG,217 MOTOROLA INC,213 GOOGLE INC,211 BALTIMORE CITY PUBLIC SCH SYSTEM,187 UNIVERSITY OF MARYLAND,185 UNIV OF MICHIGAN,183 YAHOO INC,183
    [Show full text]
  • NORTHROP GRUMMAN CORPORATION (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2002 ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from Commission file number to 1-16411 NORTHROP GRUMMAN CORPORATION (Exact name of registrant as specified in its charter) DELAWARE 95-4840775 (State or other jurisdiction of (I.R.S. Employer Identification incorporation or organization) Number) 1840 Century Park East, Los Angeles, California 90067 www.northropgrumman.com (Address of principal executive offices and internet site) (310) 553-6262 (Registrant’s telephone number, including area code) Securities registered pursuant to section 12(b) of the Act: Title of each class Name of each exchange on which registered Common Stock, $1 par value New York Stock Exchange Pacific Exchange Series B Convertible Preferred Stock New York Stock Exchange 7.25% Equity Security Units New York Stock Exchange Securities Registered pursuant to Section 12(g) of the Act: None Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No ¨ Indicate by check mark whether the Registrant is an accelerated filer (as defined in Exchange Act Rule 12b-2).
    [Show full text]
  • Businessassociatelist (1)
    VPP COMPANY CODE COMPANY NUM EMPLOYEES STREET CITY STATE ZIP NOTES VPP007893 (USS-KEY) HITACHI AUTOMOTIVE PRODUCTS INC (Unisia Steering324 Systems) 1000 MARINA BOULEVARD BRISBANE CA 94005 VPP008024 (YUMA) YUSHIRO MANUFACTURING AMERICAN, INC 37 783 W. MAUSOLEUM RD SHELBYVILLE IN 46176 VPP008868 1992 INTERNATIONAL LTD, DBA: SUTTON ASSOCIATES 110 STEWART AVENUE HICKSVILLE NY 11801 VPP010293 2013 COLLEGE FACULTY MEMBERS LEAF PURCHASES ONLY (ACCREDITED UNIVERSITIES ONLY) BUSINESS CARD REQUIRED VPP008869 3 D SALES INC 604 SMITH STREET ALGONAC MI 48001 VPP004803 318, INC 33 830 COLORADO AVENUE SANTA MONICA CA 90401 VPP000084 3M (INCLUDES C/O MINNESOTA MINING MFG) 15000 3M CENTER BLDG 225-1N-20 ST PAUL MN 55144 VPP002566 3M C/O MINNESOTA MINING MFG 11000 3M CENTER ST PAUL MN 55144 VPP008870 3-M SERVICES 142 LOCK MILLER, P.O. BOX 248 WINCHESTER TN 37398 VPP008871 7TH SENSE RESEARCH 30700 TELEGRAPH ROAD STE 2420 BINGHAM FARMS MI 48025 VPP006376 9-1-1 AIR CARGO 18 30 HIDDEN VALLEY AIRPARK DENTON TX 76208 VPP008872 A M EQUIPMENT SALES PO BOX 32905 KNOXVILLE TN 37930 VPP004664 A & G MANUFACTURING INC / A & G MERCURY 41 165 GELSANLITER ROAD GALION OH 44833 VPP008873 A AND M COLD STORAGE, LLC PO BOX 1176 SUWANEE GA 30024 VPP008180 A D LIFT TRUCK 35 5434 NATURAL BRIDGE AVE ST. LOUIS MO 63120 VPP008874 A POINT OF VIEW MARKETING 1617 SEAL WAY C SEAL BEACH CA 90740 VPP008875 A. RAYMOND TINNERMAN MANUFACTURING INC 3091 RESEARCH DR, PO BOX 715192 ROCHESTER HILLS MI 48309 VPP008876 A1 BARCODE SYSTEMS PO BOX 3046 DAPHNE AL 36526 VPP008877 A2 MEDIA CORP, ICON
    [Show full text]
  • Annual Report
    ANNUAL REPORT Black Rock Collective Investment Funds 1 March 2014 to 28 February 2015 ` BlackRock Balanced Managed Fund ` BlackRock Continental European Equity Tracker Fund ` BlackRock Corporate Bond 1–10 Year Fund ` BlackRock Corporate Bond Tracker Fund ` BlackRock Emerging Markets Equity Tracker Fund ` BlackRock Global Property Securities Equity Tracker Fund ` BlackRock Index Linked Gilt Tracker Fund ` BlackRock Japan Equity Tracker Fund ` BlackRock Mid Cap UK Equity Tracker Fund ` BlackRock North American Equity Tracker Fund ` BlackRock Overseas Corporate Bond Tracker Fund ` BlackRock Overseas Government Bond Tracker Fund ` BlackRock Pacific ex Japan Equity Tracker Fund ` BlackRock UK Equity Tracker Fund ` BlackRock UK Gilts All Stocks Tracker Fund ` BlackRock US Equity Tracker Fund ` BlackRock 100 UK Equity Tracker Fund ` BlackRock 350 UK Equity Tracker Fund Contents About the Fund Managers Andy Warwick, CFA, Managing Director and portfolio manager, is a member of the Diversified About the Fund Managers 2-3 Strategies team within BlackRock’s Multi-Asset Strategy Group, which is responsible for Aggregated Financial Statements 4–16 developing, assembling and managing investment strategies involving multiple asset classes. Within Diversified Strategies he is lead portfolio manager for Dynamic Return BlackRock Balanced Managed Fund 17–47 Strategy (“DRS”) and a portfolio manager for Dynamic Diversified Growth (“DDG”). Mr. BlackRock Continental European Equity Tracker Fund 48–87 Warwick’s service with the firm dates back to 2005, including his years with Merrill Lynch Investment Managers (“MLIM”), which merged with BlackRock in 2006. Prior to MLIM he BlackRock Corporate Bond 1–10 Year Fund 88–131 worked with Mako Global Derivatives and Dalton Strategic Partnership from 2002-2005.
    [Show full text]
  • ANNUAL Report
    ANNUAL REPORT BlackRock Authorised Contractual Scheme For the period from 27 June 2014 to 31 December 2014 About the Fund Manager BlackRock ACS US Equity Tracker Fund Nimish Patel, Managing Director and senior portfolio manager, is a member of This Annual Report covers the period from 27 June 2014 to 31 December 2014. BlackRock’s Institutional Index Equity team. Performance Table Mr. Patel’s service with the firm dates back to 2006, including his years with Barclays Global Investors (“BGI”), which merged with BlackRock in 2009. At BGI, Since Launch he served as a senior portfolio manager in the Institutional Index Equity team. 27.6.2014 In this role, he was responsible for overseeing all strategic client portfolios. Prior to 31.12.2014 to joining BGI, Mr. Patel was a portfolio manager in the Quantitative Management TOTAL RETURN (with net income reinvested) Group at Northern Trust Global Investments (“NTGI”) where he managed a broad Class T1A Accumulation Units range of portfolios including global index equity, global enhanced equity and indexed fixed income. Mr. Patel joined NTGI in 2003 following its acquisition of Deutsche Asset Management’s (“DeAM”)’s BlackRock ACS US Equity Tracker Fund +16.6% Quant and Index business. FTSE USA Index* +16.5% Mr. Patel joined DeAM (formerly Morgan Grenfell Asset Management) in 1997. During his tenure at All Fund figures quoted are based on bid-to-bid dealing prices (the price at which units are sold) and are calculated net of fees. Performance returns are cumulative. All returns are in Sterling. DeAM, Mr. Patel initially served as a Fund Manager’s assistant for UK Active Equity before transitioning * Figures from FTSE.
    [Show full text]
  • GB ZF EU Notice 11.04.2018 Clean
    General Data Protection Notice for Customers and Business Partners I. Introduction and scope This General Data Protection Notice (the “Notice”) applies to the processing of personal data by ZF Friedrichshafen AG and its EU-based affiliates as part of the worldwide ZF Group (“ZF Group”). For purposes of this Notice, affiliates means any company with respect to which ZF Friedrichshafen AG owns, directly or indirectly, more than 50% of the shares, together ZF (“ZF”). ZF considers protecting the personal data of all customers and business partners to be an important priority. This includes consumers as end-use customers and employees of our business partners in their role as contact persons and representatives in the context of a business relationship. ZF is committed to processing Personal Data responsibly and in compliance with the applicable data protection laws in all countries in which ZF operates. This Notice describes the types of Personal Data ZF collects, how ZF uses that Personal Data, with whom ZF shares your Personal Data, and the rights you, as a Data Subject, have regarding ZF’s use of the Personal Data. This Notice also describes the measures ZF takes to protect the security of the data and how you can contact us about our data protection practices. II. Contact details of the Data Controllers The legal entities responsible for the collection and use of your Personal Data (the “Data Controllers”) in your home country for the purposes described in this Notice are contained in the attached Annex 1. III. Contact details of the Data Protection Officer A Data Protection Officer (“DPO”) is designated for each legal entity where required by applicable law.
    [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]
  • ZF-TRW - Global Headquarters Chassis, Transmission, Driveline Systems
    ZF-TRW - Global Headquarters Chassis, transmission, driveline systems ZF Friedrichshafen AG ZF Friedrichshafen is a global leader in driveline and chassis technology as well as active Graf-von-Soden-Platz 1 and passive safety technology. In 2014, the company generated 56% of its sales from Friedrichshafen Europe. 88046 Germany The company, which acquired TRW Automotive in May 2015, is now present in about 230 locations in some 40 countries. ZF is one of the top three automotive suppliers worldwide. ZF completed acquisition of TRW Automotive for Tel: +49 7541 770 USD12.4 billion. Subsequent to the acquisition, TRW’s business is incorporated into ZF as a new division called Fax: +49 7541 77 908 000 Active & Passive Safety. TRW is being managed as the fifth division within the ZF Group. The company expects the Web: http://www.zf.com integration to conclude in three to five years. Latitude: 47.66757 The combined company is a one of the major players in automotive technologies, ranging from driver assistance and Longitude: 9.49342 occupant safety systems, to drivelines and transmissions, and braking and steering systems. This combination of advanced technologies comprehensively addresses the growing, industry-wide trends of safety, fuel efficiency and Company Type: Public autonomous driving. Also, in February 2015, ZF divested its 50% share in steering systems joint-venture ZF Lenksysteme (ZFLS) to Bosch in order to smooth its TRW acquisition. Had ZF not divested its stake in ZFLS, the Senior Officers combined ZF-TRW would have gained a large share in the global steering systems market. Dr. Stefan Sommer, CEO, Head, Steering Post reorganization and TRW acquisition, ZF operates its business in five divisions: Car Powertrain Technology, Car Systems, ZF Services, Corporate Research Chassis Technology, Commercial Vehicle Technology, Industrial Technology, and Active and Passive Safety and Development Technology.
    [Show full text]
  • TRW Automotive Holdings Corp. (Exact Name of Registrant As Specified in Its Charter) Delaware 81-0597059 (State Or Other Jurisdiction of (I.R.S
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549-1004 Form 10-K ¥ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2006 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 File No. 001-31970 TRW Automotive Holdings Corp. (Exact name of registrant as specified in its charter) Delaware 81-0597059 (State or other jurisdiction of (I.R.S. Employer Incorporation or Organization) Identification Number) 12001 Tech Center Drive Livonia, Michigan 48150 (734) 855-2600 (Address, Including Zip Code, and Telephone Number, Including Area Code, of Registrant’s Principal Executive Offices) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered Common Stock, $0.01 par value per share New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ¥ No n Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes n No ¥ Indicate by check mark whether the registrant: (1) has filed all reports required to be filed 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 file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • Securities and Exchange Commission Form
    SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20509 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): November 18, 2002 Northrop Grumman Corporation (Exact Name of Registrant as Specified in Charter) Delaware 1-16411 95-4840775 (State or Other Jurisdiction (Commission File Number) (IRS Employer Identification No.) of Incorporation) 1840 Century Park East, Los Angeles, California 90067 www.northropgrumman.com (Address of Principal Executive Offices and internet site) (310) 553-6262 (Registrant’s telephone number, including area code) Item 5. Other Events On November 18, 2002, Northrop Grumman Corporation and BCP Acquisition Company L.L.C., a Delaware limited liability company, entered into a Master Purchase Agreement dated as of such date (the “Master Purchase Agreement”) providing for the purchase and sale of certain of TRW Inc.'s automotive business assets and property. The terms and conditions of such purchase and sale are set forth in the Master Purchase Agreement, a copy of which agreement is attached as Exhibit 2.1 and is incorporated herein by this reference. On November 19, 2002, Northrop Grumman Corporation issued a press release announcing the execution of the Master Purchase Agreement, a copy of which press release is attached as Exhibit 99.1 and is incorporated herein by this reference. Item 7. Financial Statements and Exhibits (c) Exhibits 2.1 Master Purchase Agreement between BCP Acquisition Company L.L.C. and Northrop Grumman Corporation dated as of November 18, 2002. 99.1 Press Release dated November 19, 2002.
    [Show full text]
  • The Legacy of TRW and Space Park a Summary with Key Dates and Milestones Revision 6
    TRW The Legacy of TRW and Space Park A Summary with Key Dates and Milestones Revision 6 Dr. Leslie A. Hromas November 2008 This document was created by the author for educational purposes and is not an official statement of dates and events. Table of Contents Introduction ........................................................................................................................... 3 Key Dates and Milestones ................................................................................................. 4 The Ramo-Wooldridge Corporation..................................................................................... 4 The Ramo-Wooldridge Element Key-Dates Table*........................................................... 11 Acronyms ............................................................................................................................. 13 Appendix A .......................................................................................................................... 14 Key Dates and Milestones .................................................................................................. 14 Thompson Products ............................................................................................................ 14 Appendix B .......................................................................................................................... 16 The Ramo-Wooldridge Organization Chart, 1955.............................................................. 16 Appendix C .........................................................................................................................
    [Show full text]