Siemens VDO Automotive has completed the acquisition of Chrysler Group's Huntsville Electronics operations, advancing Siemens VDO Automotive to a top-three spot in the global automotive electronics supplier industry.

"Today is a great day for the future of Siemens VDO Automotive and the community of Huntsville," said Siemens VDO Automotive AG Group president and chief executive officer (CEO) Wolfgang Dehen during a company event unveiling the new monument sign. "Huntsville Electronics brings us additional capacity, capability and expertise to grow our core competencies in areas such as powertrain electronics, vehicle instrumentation and driver information."

This transition of ownership enables the manufacture of electronics to remain in the Huntsville, AL, community. The company plans to make the location one of its global electronics manufacturing and engineering centers of expertise.

As a subsidiary of Siemens VDO Automotive, the Huntsville plants will have access to a range of business opportunities within the rapidly growing global $125-billion automotive electronics market.

With the completion of the acquisition, Siemens VDO Automotive has complete access to Huntsville Electronics, including two facilities comprising 1.1 million sq. ft. of space and approximately 2,000 employees. Huntsville Electronics generated approximately $1 billion in annual sales last year.

Siemens VDO Automotive is a tier-one supplier of automotive electronic/electrical systems and components with applications covering gasoline and diesel powertrain technologies, safety and chassis systems, body electronics, plus interior products including infotainment systems.

www.usa.siemensvdo.com

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