Category: Press Releases

AUBURN HILLS, Michigan (February 17, 2021) — TI Fluid Systems (LSE:TIFS), announces today that William L. Kozyra will retire as President and Chief Executive Officer and step down from the Board of Directors in the fourth quarter of this year, following an orderly transition to his successor, Hans Dieltjens. Hans Dieltjens will take on the role of Chief Operating Officer effective 1 March 2021 as a transitional step towards becoming Chief Executive Officer and being appointed to the Board of Directors concurrent with Bill’s retirement. Hans holds a Master’s degree in Electro/Mechanical Engineering along with 25 years of automotive experience in Asia, Europe and the Americas. Bill’s current employment agreement will be extended to ensure a proper handover with Hans.

Manfred Wennemer, Chair of the Board of Directors commented:
“Bill joined TI Fluid Systems in 2008 at the height of the global financial crisis and led the Company through that challenge to more than a decade of record performance. Bill was instrumental in bringing the Company public in 2017 and in developing and executing the Company’s electrification strategy to address the Hybrid & Battery Electric Vehicle market developments. On behalf of the Board of Directors, I wish Bill all the best in his retirement and thank him for his 12 years of exemplary service. We’ve considered several high caliber automotive executives in addition to Hans Dieltjens for this position. I am pleased with the results of this activity which validated Hans’ strong credentials and credibility in the automotive space.”

Bill Kozyra, President & Chief Executive Officer commented:
“I could not be prouder of the tremendous success the Company has achieved, especially navigating through two global crises while also developing exciting new products for the emerging Electric Vehicle market. I thank our shareholders for their support of the past 3 years and am happy and fully supportive of the Board’s decision to appoint Hans as my successor. During the 12 years that Hans and I have worked together he has continued to develop his leadership and strategic ability and is now ready to take on this very important role for our Company. I am confident the Company will continue its success under Hans’ leadership.”

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 108 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

AUBURN HILLS, Michigan (January 29, 2021) — TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, announced today that it will provide a new generation of plastic fuel tank design capable of meeting the stringent pressure demands within a hybrid electric vehicle (HEV) vehicle. This plastic fuel tank recently launched in volume production with Volkswagen China on the Passat and Magotan Plug-in Hybrid Electric Vehicle (PHEV) models, with a planned adoption across a wider range of global platforms.

This innovative technology represents the culmination of extensive design and collaborative development, including rigorous testing and vehicle evaluations by VW and TIFS development teams across China and Europe. Traditionally, conventional fuel tanks operate at atmospheric pressure, however, the new generation HEV models are expected to resist cyclic pressure up to 400 mbar when in certain full electric driving modes. To resist in-tank pressure, the new design solution introduces over-molded ball pins with snap-fit column structures that use TIFS’s patented split parison blow molding manufacturing process. TIFS has confirmed that the technology release provides a light-weight plastic solution for HEVs that overcomes the disadvantages of competitor internal tank welded structures.

“TIFS’s strategic initiatives to address new growth within the electrification mega-trend includes supporting all vehicle types with innovative product solutions. This includes global HEV platforms. Our innovative plastic fuel tank technology allows OEMs to tune the HEV performance driving cycle for optimum EV efficiency and performance,” stated Bill Kozyra, President and CEO.

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 108 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

AUBURN HILLS, Michigan (December 15, 2020) — TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, announced today that it will provide thermal coolant fluid carrying loops for a large family of Hyundai, Kia and Genesis brand vehicles, starting with the NE EV, a new battery electric compact crossover based on the futuristic “45” concept vehicle.

Starting in January, coolant fluid carrying systems will be supplied by TI Fluid Systems across eight different Hyundai battery electric vehicle platforms, all produced in South Korea. The new fluid carrying products apply our innovative approach for light weight and optimized engineered polymer lines produced from nearly 100% nylon material along with quick connectors that are molded, formed and assembled in various diameter sizes for the battery and motor drive thermal management.

“We are proud to contribute our nylon and other expertise and experience in fluid and thermal management systems to this exciting evolution of battery electric vehicles,” commented Bill Kozyra, President and CEO of TI Fluid Systems. “We have enjoyed a tremendous partnership with Hyundai for many years and we look forward to supporting these unique global BEV platforms as they expand in the various regional markets.”

Hyundai plans to expand their BEV lineup to 25 vehicles by 2025, the first of which is launching in January 2021. TI Fluid Systems will be providing the brake line bundles for the new BEV models as well as the fuel tank assemblies and fuel lines for several current Hyundai hybrid EV models.

TI Fluid Systems has been a longtime supplier to Hyundai, providing brake and fuel systems, fuel tank and delivery systems, powertrain systems and thermal management systems to more than 50 different Hyundai vehicle lines worldwide.

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 108 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

AUBURN HILLS, Michigan (November 5, 2020) — TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, has started high volume production of new thermal products, assemblies and technology for the new Volkswagen ID.3 and ID.4 battery electric vehicles. The ID.3 is a compact hatchback and the first production model based on the modular electric drive matrix (MEB) from Volkswagen. The release of the ID.4, an electric compact SUV, will follow.

“We are excited to announce the launch of these new battery electric vehicle components. With this product line, TI Fluid Systems has taken another important step to its future of becoming an integrated thermal management supplier for the battery electrical vehicle market,” commented Bill Kozyra, President and CEO of TI Fluid Systems.

This new application of heat pump technology using R744 (also called CO2) refrigerant provides both heating and cooling for the cabin comfort and operates at a higher efficiency in certain conditions for significant battery range extension. TI Fluid Systems assembles the heat pump module with the electronic valves, accumulator, bracket, and chiller with associated high pressure aluminum lines. The heat pump valve assembly are supplied from TI Fluid System’s Jablonec Plant in the Czech Republic.

TI Fluid Systems will also be supplying the Chassis Thermal Coolant Loop Line Assemblies that are manufactured in various materials including lightweight engineered polymers. TIFS has commissioned a new plant in Tangier, Morocco for the battery electric vehicle market. This plant supplies the finished hoses to Tauste, Spain for final assembly and verification test.

TI Fluid Systems is the Tier 1 Global Supplier for these BEV products.

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 108 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

AUBURN HILLS, Michigan (July 27, 2020) — TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, is part of the 2020 cohort of issuers to receive London Stock Exchange’s Green Economy Mark.

This classification, first introduced in 2019, was created to highlight companies and investment funds listed on all segments of London Stock Exchange’s Main Market and AIM that are driving the global green economy. To qualify for the Green Economy Mark, companies and funds must generate 50% or more of their total annual revenues from products and services that contribute to the global green economy.

“TI Fluid Systems is pleased to be awarded the London Stock Exchange’s Green Economy Mark, recognizing the scale of environmental benefit TI Fluid Systems products provide to the global automotive market,” said Bill Kozyra, President and CEO of TI Fluid Systems. “As a leading global manufacturer of highly engineered fluid and thermal management systems, TI Fluid Systems enables vehicle manufacturers to sustainably reduce CO2 emissions and improve fuel economy across all vehicle types, especially hybrid and battery electric vehicles. We look forward to continuing to support our world’s transition to greener vehicles and keeping our environment clean, making our world a better place to live.”

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 108 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

AUBURN HILLS, Michigan (April 24, 2020) — TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, announced a collaboration with Ford Motor Company and 3M to produce air flex tube assemblies for powered air-purifying respiratory systems (PAPR) in response to the increased demand caused by the COVID-19 outbreak.

3M’s PAPR uses a waist-mounted, battery-powered blower that sends filtered air into a hood that helps provide respiratory protection for workers, including those in healthcare services. When Ford announced their proposed design solution for the production increase, TIFS recognized an opportunity to leverage the current design and manufacturing processes to engineer and mass produce quick connectors and a new air flex tube solution for the hood and fan pack used in the PAPR system.

Quick connector production and sub-assembly will take place at the TIFS New Haven, Michigan facility, with tube final assembly taking place at the Ashley, Indiana facility. Keeping production local will allow Ford and 3M to rapidly meet the increasing demand and to provide much-needed protection for healthcare professionals.

“We are honored to support Ford and 3M with our technical and manufacturing expertise in furthering this humanitarian initiative,” said Bill Kozyra, President and CEO of TI Fluid Systems.

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 108 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

AUBURN HILLS, Michigan (March 4, 2020) — TI Fluid Systems, a leading global supplier of automotive fluid systems technology, announced today that it will provide thermal management systems to the new Mustang Mach-E, Ford’s all-new all-electric SUV.

The new vehicle, which arrives late in 2020, was first unveiled to the public in November last year ahead of the 2019 LA Auto Show. TI Fluid Systems will be supplying air conditioning refrigerant lines for cabin comfort as well as battery chiller lines for battery thermal management using a combination of optimized materials for these assemblies.

“Building on TI Fluid Systems’ more than 40 years of experience in the Automotive Thermal space, we were able to work with Ford’s Engineering teams on technical support, best practice design and production integration, as well as onsite design support,” said Stefan Rau, Executive Vice President, Fluid Carrying Systems. “We are excited to work with Ford as they enter the market with the all-electric Mustang Mach-E and look forward to continuing to support Ford in their future needs.”

TI Fluid Systems has a long history of supplying to Ford, beginning with providing the fuel lines on the first Model T in 1922. Since then, TI has partnered on hundreds of vehicles with Ford.

“It’s really great that TI can continue to build on its 98-year relationship with Ford in supplying fluid handling products and systems for tomorrow’s electrified vehicles,” said Bill Kozyra, President and CEO, TI Fluid Systems.

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 108 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

AUBURN HILLS, Michigan (January 6, 2020) — TI Fluid Systems, a leading global supplier of automotive fluid systems technology, announces that Ron Hundzinski has been appointed Chief Financial Officer and an Executive Director of the Company.

“We welcome Ron to the Board and our senior executive team,” said Bill Kozyra, President and Chief Executive Officer. “He brings a great deal of finance expertise and in depth knowledge of the automotive industry.”

Ron is joining the Company from Tenneco, Inc. where he was Executive Vice President ‑ Finance. During the prior thirty-five years, he has held a variety of leadership positions in finance at Emerson Electric, GKN, Meridian Automotive and BorgWarner. He served as Chief Financial Officer and Executive Vice President of BorgWarner from 2012 through 2018. Ron is also a Non-Executive Director of Gentherm, a publicly traded company on the New York Stock Exchange.

Ron succeeds Tim Knutson, who has elected to step down from the position to pursue other interests outside of the Company.

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 111 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

AUBURN HILLS, Michigan (May 2, 2019) — TI Automotive, a leading global supplier of automotive
fluid systems technology, announced today that it is changing its corporate name to TI Fluid Systems. The name change reflects the company’s continuous efforts to remain a technology leader in fluid management systems.

“We are pleased to introduce this new brand that aligns our mission and purpose to be a premier fluid management systems provider with our Company name.” said Bill Kozyra, President and Chief Executive Officer. “Developing leading technology in fluid systems for the automotive industry remains primary focus.”

A revised website at www.tifluidsystems.com will be launched on 6th of May.

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 108 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

AUBURN HILLS, Michigan (January 24, 2018) — TI Automotive, a leading global supplier of automotive fluid systems technology, announces that Stefan Rau has been appointed Executive Vice President, Fluid Carrying Systems. In this role, he will lead TI Automotive’s Fluid Carrying Systems division, which designs, develops and manufactures thermal products, powertrain products and brake & fuel lines.

“We are pleased to promote Stefan Rau into this leadership position, where his deep technical and management capability will drive the success of our Fluid Carrying Systems division” said Bill Kozyra, President and Chief Executive Officer. “Through his experience in automotive operations, we will continue our success in meeting and exceeding our customer’s needs.”

Mr. Rau joined TI Automotive in 2002 as plant manager of the Neunkirchen and Heidelberg, Germany locations. He quickly progressed in his career with various roles in operations and engineering until his latest role as Managing Director, Fluid Carrying Systems Europe. Prior to joining TI Automotive, he held engineering roles within Faurecia and Michels GmbH. Stefan holds a Master of Science in Engineering from the University of Saarbrücken in Germany.

Stefan succeeds Steve Taylor, who held the Executive Vice President role since 2014, and elected to step down from the position in preparation for his retirement later this year.

About TI Automotive

TI Automotive is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Automotive has manufacturing facilities in 118 locations across 28 countries serving all major global OEMs.

For more information, visit www.tiautomotive.com.