Lear Corporation, headquartered in Southfield, MI, is the world's leading manufacturer of automotive interiors, including seat systems, interior trim and electrical systems.
Lear serves the global automotive industry and supplies product for all five major interior systems: seat, instrument panel/cockpit, door and trim, overhead and flooring and acoustics. Lear is also one of the leading global automotive suppliers in electronic and electrical products. There is a Lear product in more than 300 nameplates around the world.
The company has 80,000 employees at 210 facilities in 36 countries.
Lear maintains six advanced technical centers as well as dozens of customer-focused product engineering centers where we design and develop new product and conduct extensive product testing. Lear has more than 5,000 engineers globally.
For 2008, the company reported sales of $13.6 billion and net loss of $689.9 million due to steep declines in automotive production.
On July 7, 2009, Lear filed for Chapter 11 bankruptcy reorganization.
Lear was founded in 1917 in Detroit as American Metal Products, a manufacturer of tubular, welded and stamped assemblies for the automotive and aircraft industries. Lear has made 18 major acquisitions since 1994, when the company went public.
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Updated August 14, 2009