Eagle Ottawa Plans $10 Million Expansion At Its Rochester Hills, Michigan, Innovation Center
12/04/2014
According to the firm, improvements to its facility include; expanded prototype and validation capabilities, a new co-creation center that allows customers to ideate, prototype and validate their inspirations, along with additional workspace for more than 50 new associates to support Innovation activities.
Eagle Ottawa officials said Lear Corp., a manufacturer of auto seats and electrical power systems, plans to acquire Eagle Ottawa, with the transaction expected to close in the first quarter of 2015, subject to customary conditions including regulatory approvals.
Jerry Sumpter, Eagle Ottawa’s Chief Executive said, “the Eagle Ottawa team is excited about the opportunities created by Lear’s acquisition. The acquisition will bring our world-class leather craftsmanship face-to-face with the complexities of seat design, sewing and final seat assembly. By expanding our knowledge base and resources in these areas, we will advance our expertise and further perfect our product development, quality and design capabilities.”
“This combined expertise will ultimately bring better products to address growing market demands, as consumers continue to expect higher quality and styling distinction in premium and luxury interiors,” he added. “The global leather market continues to expand as consumers recognize the value and prestige that leather brings to an automobile. We are well positioned globally to respond to that growth and to further enhance leather’s appeal with innovative offerings that make automotive interiors more beautiful, more distinctive and more functional.”
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