Author: tia_admin

• Facility produces plastic fuel tank systems for Great Wall Motors Haval line of sport-utility vehicles and crossover-utility vehicles
• New location is TI Automotive’s 17th within China

AUBURN HILLS, Mich. (June 15, 2016) — TI Automotive, a leading global supplier of automotive fluid systems, officially opened a new fuel tank systems production facility today in Baoding, China. The 74,000 square-foot (6,900 square-meter) facility is TI Automotive’s third fuel tank production facility within China. The new facility is dedicated to producing low-emission plastic fuel tank systems for Great Wall Motors’ Haval brand of sport-utility and crossover-utility vehicles.

The new facility is located just north of the city of Baoding in the Hebei province and is adjacent to the Great Wall Motors production facility. This is TI Automotive’s 17th facility within China, as the company continues to invest in this important region.

“The Haval line of vehicles is one of the fastest growing brands in China and Great Wall Motors is the largest manufacturer of SUVs and trucks in China,” said Hans Dieltjens, executive vice president, Fuel Tank & Delivery Systems, TI Automotive. “Our goal is to support this growth through our product expertise in fuel tank and delivery systems technology and through this new facility.”

TI Automotive is a global leader in the production of plastic fuel tank systems, with advanced technology and designs, along with award-winning products and processes, including the Tank Advanced Process Technology (TAPT), which won a 2014 Automotive News PACE Award. The TAPT process enables optimized production, variable delivery system placement within the tank shell and optimized packaging. TI Automotive’s Ship-in-a-Bottle production system, used to make partial-zero emissions vehicle (PZEV) plastic fuel tanks, won the award in 2009 and remains an advanced technology today.

“We are proud to support Great Wall here in Baoding and to be a part of the growth of the automotive industry throughout the region as well,” said Bill Kozyra, chairman, CEO and president, TI Automotive.

TI Automotive expects to employ 120 people at full capacity at the Baoding facility.

AUBURN HILLS, Mich., June 3, 2016 – Ford honored TI Automotive as a top-performing global supplier at its 18th annual World Excellence Awards ceremony held in Dearborn, Mich.

Bill Kozyra, chairman, CEO & president of TI Automotive was presented with a Quality World Excellence Award by Hau Thai-Tang, Ford Motor Company group vice president, global purchasing.

“Ford’s World Excellence Awards allow us to recognize suppliers who demonstrate a strong commitment to quality, performance and teamwork,” said Thai-Tang. “TI Automotive has helped Ford deliver a breakthrough year, and we are thankful they are a part of our One Ford team.”

“This is a great honor for our company,” Kozyra said. “We have been supplying Ford for 94 years and this is the top company award for quality excellence. I offer my sincere thanks and congratulations to everyone who helped earn this wonderful achievement!”

TI Automotive supplies products to more than 35 Ford and Lincoln models around the world. TI Automotive first supplied fuel lines to the Ford Model T in 1922, as the Bundy Tubing Company in Detroit.

AUBURN HILLS, Mich. (April 13, 2016) — TI Automotive, a leading global supplier of automotive fluid systems technology, has opened a new manufacturing facility in Monterrey, Mexico.

The new, 53,000 square-foot facility will produce fluid carrying systems for the new Hyundai/ Kia manufacturing facility located nearby. TI Automotive is expected to employ around 100 people at full production expected in May 2016.

The new facility is a key additional site for TI Automotive’s global Fluid Carrying Systems (FCS) Division and will produce brake and fuel bundles, brake line assemblies and clutch lines with flared tubes. In addition, the facility will be equipped to produce engine line products including water, oil and vacuum tubes, transmission lines and exhaust gas reduction (EGR) pipes.

“Mexico is a growing automotive market for our customers and this new facility supports our global growth strategy of going where our customers need us,” said Bill Kozyra, chairman, CEO and president, TI Automotive. “We have enjoyed a great partnership with Hyundai/ Kia all over the world for many years and we look forward to mutual continued success here in Monterrey.”

TI Automotive currently has nine production facilities in Mexico. They are located in Mexico City, Puebla, Reynosa and San Luis Potosi.

AUBURN HILLS, Mich. (Jan. 4, 2016) — TI Automotive, a leading global supplier of automotive fluid systems technology, has moved its corporate offices to a new facility in Auburn Hills, Mich.

The new 140,000 square-foot building is located at 2020 Taylor Road in the Fieldstone Industrial Complex. The facility features three floors of office space, dining facilities, collaboration areas as well as a spacious lobby to display our industry leading products, technology and rich heritage. TI Automotive’s previous corporate offices were located off of Opdyke Road in Auburn Hills, Mich.

“The company has grown significantly during the past six years and this is much more than just a move to a new location,” said Bill Kozyra, chairman, CEO and president, TI Automotive. “This is a significant step for TI Automotive that builds on our strong developments over the past years and will facilitate our progress towards the next successful chapter of our company’s history.”

The move enables TI Automotive to combine more than 300 of its executive, corporate and divisional personnel which had been based in facilities in Auburn Hills and other locations. The company will continue to operate its Technical Center, located on Centre Road, also located in Auburn Hills, with a team of engineering, development and testing personnel.

“The new building features several amenities for the employees and supports an environment of collaboration and teamwork, it also enables us to better utilize our Technical Center just down the road” Kozyra said.

TI Automotive traces its longtime Detroit area roots back to 1922, when it was founded as the Bundy Tubing Company to produce fuel lines for the Ford Model-T.

AUBURN HILLS, Mich. (June 30, 2015) – TI Automotive, a leading provider of automotive fluid storage, carrying and delivery systems for passenger cars and light trucks, today announced the completion of the acquisition of the company by affiliates of Bain Capital, a leading global private investment firm. Financial terms of the private transaction, which was previously announced on January 27, 2015, were not disclosed.

TI Automotive has its corporate offices in Auburn Hills, Michigan and has facilities in 29 countries with highly diversified sales in every key market. TI Automotive has a broad yet exclusive focus on vehicle fluid management, and major global product areas include Fluid Carrying Systems, Tank Systems, Pump and Module Systems, HVAC Fluid Systems and Powertrain Components.

“TI Automotive is extremely excited to usher in our next phase of growth in partnership with Bain Capital,” said Bill Kozyra, TI Automotive President, CEO and Chairman of the Board, who will continue in his current roles leading the existing management team. “We are looking forward to working with Bain Capital which has been a big supporter of TI Automotive. This is an exciting time for our company.”

“TI Automotive has achieved leading market positions across its product lines by having a disciplined focus on manufacturing high quality, performance critical fluid systems for global automotive OEMs,” said Todd Cook, a Managing Director at Bain Capital. “Bain Capital brings deep experience and a track record of success in the global automotive industry. We look forward to collaborating with Bill Kozyra and the management team to grow the business by enhancing the product portfolio and advancing the technology at an even faster pace.”

Weil, Gotshal & Manges LLP served as legal counsel to TI Automotive. Blackstone Advisory Partners served as financial advisor, and Latham & Watkins LLP served as legal counsel to an ad hoc group of shareholders of TI Automotive. Goldman, Sachs & Co. and UBS Securities LLC served as financial advisors, Ropes & Gray served as legal counsel, and PWC served as accounting advisor, to Bain Capital. Lazard advised the non-executive Directors of TI Automotive’s Board of Directors.

About TI Automotive
TI Automotive is a highly diversified automotive supplier with leading market positions in the majority of its products. TI Automotive has a broad yet exclusive focus on vehicle fluid management, and major global product areas include Fluid Carrying Systems, Tank Systems, Pump and Module Systems, HVAC Fluid Systems, and Powertrain Components. The Company’s competitive advantages include its unparalleled revenue diversification, extensive low cost global footprint, award winning technologies, product development alignment with future regulatory requirements, optimal level of vertical integration, and a management team with a track record of significantly improved performance. For more information visit https://tifsglobal.wpengine.com.

About Bain Capital
Bain Capital, LLC (www.baincapital.com) is one of the world’s foremost private investment firms, with approximately $75 billion under management across several asset classes including private equity, venture capital, public equity, credit products and absolute return. Bain Capital’s more than 400 professionals are collectively the single largest investor in all of its funds and are dedicated to investing in and building its portfolio companies. Founded in 1984, Bain Capital has made private equity, growth, and venture capital investments in hundreds of companies around the world, and has deep experience in the industrials sector, with investments in companies including Sensata Technologies, FTE Automotive, Trinseo SA, ASIMCO and Hero MotoCorp Ltd. Bain Capital has offices in Boston, New York, Chicago, Palo Alto, London, Munich, Dublin, Luxembourg, Tokyo, Shanghai, Hong Kong, Mumbai and Melbourne.

Media Contacts:

For TI Automotive:
Frank Buscemi
Global Communications Director
+1 248-494-5417
fbuscemi@us.tiauto.com

For Bain Capital:
U.S. Media
Alex Stanton
Stanton Public Relations & Marketing
+1 212-780-0701
astanton@stantonprm.com

European Media:
Ed Gascoigne-Pees
Camarco
+ 44 (0)20 3757 4984
ed.gascoigne-pees@camarco.co.uk

AUBURN HILLS, Mich. (May 21, 2015) — TI Automotive, a leading global supplier of automotive fluid systems technology, hosted students from Bullock Creek High School of Midland, Michigan, at its Auburn Hills Tech Center on May 13.
The visit supported TI Automotive’s commitment to the national Science, Technology, Engineering & Mathematics (STEM) Initiative, which encourages students in the U.S. to explore these fields for a possible career.
Roughly 30 students, ranging in age from 16 to 18 years old, observed several operations at the facility, where the company develops and tests automotive fluid systems including fuel tanks, fuel delivery systems, fluid carrying lines, and powertrain and HVAC systems.

Several senior-level engineers conducted tours and overviews of several technical areas and processes, allowing for students to receive an in-depth overview of automotive design and test procedures at TI Automotive.
“It’s interesting to see what we talk about in class being put to action in the real world,” said Michael Krueger, a student at Bullock Creek High School. “There were a lot of awesome things that I could see myself doing one day, especially the testing.”
The group visit was made possible through TI Automotive’s partnership with MICHAuto, a group within the Detroit Regional Chamber that provides a platform for collaboration on advocacy, awareness, business and talent attraction for the automotive industry in Michigan.

“Getting young people interested in a STEM-based career is critical for the long-term success of the automotive industry, and we are firmly committed to the initiative,” said Domenic Milicia, chief human resources and communications officer. “Some of the students who visited here today may take up careers in the automotive industry. Programs like this provide the foundation to make that a possibility.”

TI Automotive has a comprehensive co-op program that includes high schools and local colleges and universities.
One current student at TI Automotive, Sarah McBeth, has been with the program since her high school years at Rochester Adams. Now a mechanical engineering student at Purdue University, Sarah credits the co-op program for helping her get ahead in her field.

“It’s rare to see high school students with experience in engineering,” says McBeth. “The co-op program here has provided a great opportunity and allowed for me to experience several sides of engineering, and narrow down what I want to do.”

About TI Automotive
Fluid thinking™ shapes the mindset of TI Automotive. Global automotive manufacturers turn to TI Automotive to develop and produce industry-leading automotive fluid systems technology. Approximately two-thirds of the world’s vehicles contain technology from TI Automotive. With 24,000 employees at more than 125 locations in 29 countries, our strength lies in our ability to creatively meet and exceed the increasing fuel economy and emissions regulations of tomorrow’s auto industry.

Release Date: January 27, 2015

• Acquisition provides stable ownership, committed to growing business and investing in technology
• Existing management team will continue to lead TI Automotive

AUBURN HILLS, Mich. – TI Automotive, a leading provider of fluid storage, carrying and delivery systems to automotive manufacturers, today announced that it has entered into a definitive agreement to be acquired by Bain Capital, a leading global private investment firm. The existing management team will continue to lead the company. Financial terms of the private transaction were not disclosed.

Headquartered in Auburn Hills, Michigan and with facilities in 29 countries in all key markets, TI Automotive is a highly diversified automotive supplier with leading market positions across its product lines. TI Automotive has a broad yet exclusive focus on vehicle fluid management, and major global product areas include Fluid Carrying Systems, Tank Systems, Pump and Module Systems, HVAC Fluid Systems, and Powertrain Components.

“We are excited that Bain Capital will invest in TI Automotive to grow the business and to enable our team to focus solely on what we do best – manufacturing high quality, safety critical fluid systems for our customers,” said Bill Kozyra, TI Automotive President, CEO and Chairman of the Board, who will continue in his current roles. “Bain Capital brings to TI Automotive a deep understanding of our business and a well-known track record of global success in the automotive industry, and we look forward to partnering with them.”

“TI Automotive is a market leading company that serves its customers’ needs extraordinarily well, through a combination of innovative engineering, extensive experience, and a very strong commitment to quality,” said Todd Cook, a Managing Director at Bain Capital. “We look forward to partnering with Bill and the TI management team to support them in their next phase of growth.”

The transaction has committed financing in place and is not subject to a financing condition.  The deal is subject to approval from TI Automotive shareholders, a substantial majority of which have pledged to support the deal.  Closing is expected in mid-2015, pending regulatory review and other customary closing conditions.

Weil, Gotshal, & Manges LLP is serving as legal counsel to TI Automotive. Blackstone Advisory Partners is serving as financial advisor and Latham & Watkins LLP is serving as legal counsel to an ad hoc group of shareholders of TI Automotive. Goldman, Sachs & Co. and UBS Securities LLC are serving as financial advisors, Ropes & Gray is serving as legal counsel, and PWC is serving as accounting advisor, to Bain Capital. Lazard is advising the non-executive Directors of TI Automotive’s Board of Directors.

About TI Automotive

TI Automotive is a highly diversified automotive supplier with leading market positions in the majority of its products. TI Automotive has a broad yet exclusive focus on vehicle fluid management, and major global product areas include Fluid Carrying Systems, Tank Systems, Pump and Module Systems, HVAC Fluid Systems, and Powertrain Components. The Company’s competitive advantages include its unparalleled revenue diversification, extensive low cost global footprint, award winning technologies, product development alignment with future regulatory requirements, optimal level of vertical integration, and a management team with a track record of significantly improved performance. For more information visit https://tifsglobal.wpengine.com.

About Bain Capital

Bain Capital, LLC (www.baincapital.com) is one of the world’s foremost private investment firms, with approximately $80 billion under management across several asset classes including private equity, venture capital, public equity, credit products and absolute return. Bain Capital’s more than 400 professionals are collectively the single largest investor in all of its funds and are dedicated to investing in and building its portfolio companies. Founded in 1984, Bain Capital has made private equity, growth, and venture capital investments in hundreds of companies around the world, and has deep experience in the industrials sector, with investments in companies including Sensata Technologies, FTE Automotive, Trinseo SA, ASIMCO and Hero MotoCorp Ltd. Bain Capital has offices in Boston, New York, Chicago, Palo Alto, London, Munich, Dublin, Luxembourg, Tokyo, Shanghai, Hong Kong, Mumbai and Melbourne.

Media Contacts:

For TI Automotive:

Frank Buscemi

Global Communications Director

+1 248-494-5417

fbuscemi@us.tiauto.com

 

For Bain Capital:

U.S. Media

Alex Stanton

Stanton Public Relations & Marketing

+1 212-780-0701

astanton@stantonprm.com

 

European Media:

Ed Gascoigne-Pees

Camarco

+ 44 (0)20 3757 4984

ed.gascoigne-pees@camarco.co.uk

 

• TI Automotive highlighted its global customer and product portfolio that provides “OEM performance in the box” for Asia replacement applications
• TI Automotive showcased replacement fuel systems products and technology for Asia aftermarket applications
• Company confirmed its distribution channels and local presence with 15 manufacturing locations in China
• Showed the “2015 TIA Racer” concept race car based on the Dodge Viper® as demonstration of TI Automotive’s high-performance and endurance fuel systems

AUBURN HILLS, Mich. (Dec. 12, 2014) — TI Automotive, a leading global supplier of automotive fluid systems technology, participated for the first time in the annual Automechanika Shanghai automotive trade show held this year in Shanghai from December 9–12, 2014.

“While this is our first time at this show, TI Automotive was one of the first global automotive suppliers to enter the China market nearly 30 years ago and we continue to expand our reach within the region,” said Dave Barbeau, managing director, Global Aftermarket, TI Automotive. “While the Automechanika Shanghai show focuses primarily on the aftermarket, local manufacturing and distribution reach within China, it is important for us to highlight our global OEM customer presence, brand attributes and technological leadership.”

TI Automotive produces fuel pumps and modules for the Chinese aftermarket and complete fuel tank systems, fuel delivery systems, fluid carrying systems, HVAC systems and powertrain products for the OEM market in China. The company has 15 locations in China and most recently opened a new fuel tank systems manufacturing facility in Guangzhou, China in March of 2014.

As a demonstration of TI Automotive’s high-performance fuel systems, the company displayed a “2015 TIA Racer” concept based on the Dodge Viper^®. TI Automotive provides the vehicle fuel systems for some of the highest engine efficiencies and performance outputs in the industry.

“The TIA Racer concept picks up on our limited sponsorship this year in the IMSA TUDOR United Sports Car Championships endurance series that competes on the iconic race tracks in the United States,” said Al Deane, chief technology officer, TI Automotive. “Showing the number 15 concept gives an advance look at our plans for 2015 with the technical relationship we announced at the SEMA show in November with the Viper Exchange and Riley Technologies racing team. Dodge leaders have described the Viper as ‘America’s only hand-built super car’ and we thought it would be great to showcase in China.”

Over an estimated 85,000 local and international visitors attended during the four-day show.

LAS VEGAS (November 5, 2014) — TI Automotive, a leading global supplier of fluid storage, carrying and delivery technology, announced today at the 2014 Specialty Equipment Market Association (SEMA) Show that it has adopted TI Automotive as the brand name for all of its high-performance aftermarket products. Previously, the company had manufactured fuel pumps under the Walbro brand name.

“The TI Automotive name may be new to some in the aftermarket, but our products are not,” explained David Barbeau, the managing director of Global Aftermarket for Pump & Module Systems for TI Automotive. “For over 60 years, Walbro products have been synonymous with innovation and performance here in the United States. That same commitment to product performance comes with our move to exclusively use the TI Automotive brand.”

Barbeau pointed out that TI Automotive’s technical and engineering expertise brings OE standards to performance fuel pumps for the aftermarket, with the same level of innovation, quality and performance. He said that’s why the aftermarket industry’s leading brands turn to TI Automotive for the most complete offering of true, OE-quality fuel system replacement parts.

“Our automotive fuel pumps deliver superior flow throughout a wide pressure range, to produce major horsepower gains, unrivaled performance and unmatched durability,” said Barbeau.

Some of the world’s highest performing production vehicles like the Koneigsegg One:1, Dodge Viper, Dodge Challenger SRT Hellcat, Charger SRT Hellcat and Bugatti Veyron feature TI Automotive fuel systems technology.

TI Automotive fuel pumps and modules are designed for quiet, efficient, low-voltage performance and unsurpassed durability. They are specifically engineered to meet the demands of today’s high-pressure, high-flow engines with efficient and robust performance.

With an award-winning product portfolio, TI Automotive has some of the world’s most advanced plastic fuel tank and fuel delivery systems, as well as a wide range of fluid carrying technology for HVAC, powertrain, under hood and under body systems.

For further product information, contact:
Frank Buscemi
Global Communications Director
TI Automotive
248-494-5417
fbuscemi@us.tiauto.com

For further PR information, contact:
Gary McCoy
Public Relations Director
The Marx Group
847-622-7228
gmccoy@themarxgrp.com