Adient

Boeing and Adient have partnered to create a joint venture, Adient Aerospace, to develop, manufacture, and sell aircraft seats to airlines and leasing companies.

Adient has agreed to sell its automotive fabrics and lamination business to Sage Automotive Interiors, an Asahi Kasei company, for $175 million. The transaction includes 11 facilities globally and is expected to close by the end of fiscal year 2020.

Supreme Group, through its Thailand subsidiary Supreme Feltol Thailand Co, acquired the automotive interior trims and NVH business of Futuris Automotive, a subsidiary of Adient Plc. The acquisition adds a second plant in Thailand's Eastern Seaboard with 230 employees.

Yanfeng announced it will acquire Adient's stake in their automotive interiors joint venture.

Supreme Nonwovens Group, through its Thailand subsidiary Supreme Feltol Thailand, completed the acquisition of the automotive interior trims and NVH business of Futuris Automotive, a subsidiary of Adient Plc. The acquisition adds a second plant in Eastern Seaboard, Thailand, employing 230 staff.

Adient will sell certain patents and intellectual property used in its seating mechanisms business to Adient Yanfeng Seating Mechanism (AYM) for $20 million, with a license back.

Adient and Yanfeng will extend the term of their Yanfeng Adient Seating joint venture in Shanghai to December 31, 2038.

Adient will sell its 30 percent ownership stake in Yanfeng Automotive Interiors to Yanfeng for $379 million, as part of a restructuring of their joint venture relationships.

Adient has agreed to sell its 30 percent ownership stake in Yanfeng Global Automotive Interior Systems (YFAI) to Yanfeng for $379 million, and sell patents for $20 million, while extending the YFAS joint venture to 2038.

Adient will invest $23.5 million to expand its manufacturing facility in Lexington, Tennessee, creating approximately 330 jobs. The expansion is the company's second significant investment in Henderson County since 2018.

Adient opened a new manufacturing site in Kenitra, Morocco, its first factory in the country. Production is planned to start at the end of May 2018, focusing on fabric lamination for automotive seating.

Adient, the global leader in automotive seating, and Boeing are planning to establish a joint venture called Adient Aerospace to develop, manufacture and sell aircraft seating products. The joint venture will leverage both companies' expertise.

Adient and Boeing are planning to establish a joint venture called Adient Aerospace to develop, manufacture, and sell aircraft seating products. The venture will combine Adient's automotive seating expertise with Boeing's aerospace knowledge.

Adient and Arvind Ltd. launched a joint venture, Adient Arvind Automotive Fabrics, to develop, manufacture and sell automotive fabrics in India. The venture combines Adient's global design resources with Arvind's manufacturing capabilities.

Adient and Arvind Ltd formed a joint venture, Adient Arvind Automotive Fabrics, based in Ahmedabad, India, to develop, manufacture and sell automotive fabrics. Adient holds a 50.5% majority stake.

Boeing and Adient have formed a joint venture, Adient Aerospace, to design and manufacture aircraft seats. Boeing will hold a 49.99% stake.

Adient and Boeing announced the formation of Adient Aerospace, a joint venture to develop, manufacture and sell airplane seating products. Adient holds 50.01% and Boeing 49.99%. Headquarters and initial production plant will be in Kaiserslautern, Germany.

Tier One automotive supplier Sertec invested £500,000 in a new robot welding cell at its Coleshill facility to manufacture rear seat assemblies for the new Toyota Auris. The cell, supplied by Cyber-Weld and equipped with two Fanuc robots, will produce about 80,000 assemblies per year.

Boeing and Adient have agreed to form a joint venture to develop and manufacture airplane seats. Boeing will hold a 49.99% minority stake in the venture.

Adient and Boeing announced the formation of Adient Aerospace, a joint venture to develop, manufacture, and sell airplane seating products. The joint venture will be headquartered in Kaiserslautern, Germany, with a technology center and initial production plant there.

Boeing and Adient announced the formation of Adient Aerospace, a joint venture to develop, manufacture and sell airplane seating products. The operational headquarters and initial production plant will be in Kaiserslautern, Germany.

Tier One automotive supplier Sertec has invested £500,000 in a new robot welding cell at its Coleshill facility to manufacture rear seat assemblies for the new Toyota Auris, under a contract with Toyota supplier Adient.

IZOBLOK was selected by Adient to produce EPP car parts, with total orders valued at over EUR 10 million. The orders were placed between January and November 2017, with expected execution from 2018 to 2028.

Adient broke ground on a new automotive seating prototyping and testing facility in Pune, India, as part of a $30 million expansion of its existing technical center. The facility is scheduled to open in late 2018.

Adient PLC signed a definitive agreement to acquire Futuris Group for approximately $360 million, including assumption of $18 million net debt. Futuris is a global designer and manufacturer of automotive seating and interior systems.

Adient's RECARO Automotive Seating product group won a major contract from MAN Truck & Bus AG to supply high-quality commercial vehicle seats for MAN's entire model range. Starting in 2020, RECARO will deliver seats for about 100,000 MAN vehicles per year, increasing the Skarbimierz plant's annual production to 300,000 seats.