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Article: Mann + Hummel sees sales surge, growth.(News)(Mann+Hummel Automotive Inc.)
- Article from:
- Plastics News
- Article date:
- April 21, 2008
CopyrightCOPYRIGHT 2008 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In 2003, Mann + Hummel Automotive Inc. was coming off a record year of $120 million in sales in North America, and Claude Mathieu, president and chief operating officer, predicted the firm would hit a sales target of $200 million in 2008.
The Portage, Mich.-based U.S. unit of German auto supplier Mann + Hummel GmbH passed that prediction a year early - in 2007 - and with another $20 million to spare, a big sales growth for a firm that only entered the North American market 10 years earlier.
And despite a slowdown in auto production in the region, the company is continuing to grow, with a 50,000-square-foot expansion under way at its plant in Queretaro, ...
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