Positive result for Autoneum
Technology/Machinery
Autoneum further expands into Asian market
The Switzerland based leading producer of vehicle acoustics and thermal management systems Autoneum has founded the company Summit & Autoneum in Thailand together with automotive supplier Auto Interior Products. The newly established company combines Autoneum's technologies and global customer relationships with access to the partner’s established manufacturing capacities. This, Autoneum reports, provides light vehicle manufacturers in the emerging market of Thailand with innovative and high-performance solutions for acoustic and thermal management.
20th September 2013
Innovation in Textiles
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Winterthur
The Switzerland based leading producer of vehicle acoustics and thermal management systems Autoneum has founded the company Summit & Autoneum in Thailand together with automotive supplier Auto Interior Products.
The newly established company combines Autoneum's technologies and global customer relationships with access to the partner’s established manufacturing capacities. This, Autoneum reports, provides light vehicle manufacturers in the emerging market of Thailand with innovative and high-performance solutions for acoustic and thermal management.
Expansion
The acquisition and technical fulfilment of orders as well as selling components and systems for acoustic and thermal management to non-Japanese light vehicle manufacturers in Thailand is said to enable Autoneum to expand its customer portfolio and tap the potential of the growing Thai automotive market.
Summit & Autoneum has already received first enquiries for new business. Serial parts will be produced in the existing plant of the partner, Thai automotive supplier Auto Interior Products, in Rayong, a subsidiary of Summit Auto Seats Industry.
Together with Summit Auto Seats Industry and the other partner Nihon Tokushu Torryo, Autoneum has already been operating a company called SRN Sound Proof in Thailand since 2007 for supplying the Japanese light vehicle manufacturers present there. The company has enlarged substantially since then, due to strong customer demand, Autoneum reports.
Thai automotive market
Thailand is a member of the ‘Association of Southeast Asian Nations’, and thanks to the Association free trade area, it is a key production site for automobile manufacturers in Asia.
In 2012, over 2.4 million light vehicles were produced in Thailand, and growth to 3 million is forecast for 2019. “In the ASEAN region, Summit & Autoneum gives us direct access to a key emerging market.”
“It enables us to sustainably strengthen our position in Thailand and, as a result, in Asia,” Autoneum CEO Martin Hirzel commented.
Autoneum
Autoneum, represented in over 20 countries, is a leading producer of vehicle acoustics and thermal management systems. The company develops and manufactures components, modules and complete systems for interior and engine bay, as well as heatshields and underbody shields.
Customers include leading automobile producers in the key markets of Europe, North America, South America and Asia.
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