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Adient

Adient

is an American Irish-domiciled company that manufactures automotive seating for customers worldwide and is based in Plymouth, Michigan, United States.

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adient.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Automotive industry
Automotive industry
Location
Republic of Ireland
Republic of Ireland
‌
Plymouth, Michigan
B2X
B2B
B2B
CEO
Doug Del Grosso
Doug Del Grosso
Founder
Doug Del Grosso
Doug Del Grosso
Pitchbook URL
pitchbook.com/profiles...167259-16
Legal Name
Adient India Private Limited0
Number of Employees (Ranges)
10,001+
Phone Number
+558777730111
Full Address
49200 Halyard Dr, Plymouth, Michigan 48170, US0
Founded Date
2016
0
Stock Symbol
ADNT
Exchange
New York Stock Exchange
New York Stock Exchange
Patents Assigned (Count)
1
Country
United States
United States
0

Other attributes

Company Operating Status
Active
Public/Private
Private0
Ticker Symbol
ADNT

Adient plc is an American Irish-domiciled company that manufactures automotive seating for customers worldwide and is based in Plymouth, Michigan, United States. As of 2017, Adient was the world's largest auto seat manufacturer, accounting for one-third of the markets global revenue and providing components for 25 million vehicles.

Adient was founded as a spin-off from Johnson Controls in 2016, establishing its legal domicile in Dublin, Ireland. Johnson Controls had entered the automotive seating business in 1985 by acquiring Hoover Universal. In September 2017, Adient acquired the Oak Park, Michigan-based automotive seat manufacturer Futuris from Clearlake Capital, which added 15 facilities in Asia and North America, including one facility based in Newark, California, and which was anticipated to increase the company's revenue by $0.5 billion annually.

As of 2017, Adient employed 86,000 people across 250 manufacturing/assembly plants, in 34 countries. In 2016, Adient announced plans to move its global operating headquarters to the Marquette Building in Detroit, but canceled those plans as of June 2018.

In January 2018, a joint venture was formed by Adient (50.01%) and Boeing (49.99%) to develop and manufacture airliner seats for new installations or retrofit, a $4.5 billion market in 2017 which will grow to $6 billion by 2026, to be based in Kaiserslautern near Frankfurt and distributed by Boeing subsidiary Aviall, with its customer service center in Seattle.

In February 2020 Adient announced it agreed to sell its 30% stake in Yanfeng Global Automotive Interior Systems to Yanfeng Automotive Trim Systems US$379 million.

In March 2020, Adient entered into an agreement to sell its automotive fabrics manufacturing business to Sage Automotive Interiors for $175 million.

concept vehicle by Adient

concept vehicle by Adient

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SBIR/STTR Awards

Patents

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