There was a "Mr. Lear "from
Lear Corporation which derived
its name. William Lear (1902-1978) was
a noted self-taught Inventor, Who Started by
Repairing Radio sets in his Home located in
Quincy, Illinois, during the World War I Era.
He went on to invent the Learscope Direction
Finder, a Radio triangulation. device; the
First Automobile Commercial Radio for the
Company that would later Become Motorola;
the First Lightweight practical Beacon Receiver
for Aircraft; and the Lear Jet Stereo 8 Track
Tape in in 1963, which was the precursor to
cassette Tapes. In addition to many Other
Innovations, remained his Passion
and his aviation Success Ultimately LED to the
founding of Lear Jets, the First Company to
manufacture a private, Luxury Aircraft, which
debuted in 1963. Lear Corporation would
Get its name from this but Great innovator. its
Original Corporate Entity was American Metal
Products (AMP), founded in Detroit by Fred
Matthaei (1,892 to 1973).
On August 24th, the 1917th, at the Age of 25,
American Metal Products Matthaei began
with 18 employees and one Plant to
manufacture tubular. , welded and stamped
Steel Assemblies for the Automotive and
aviation Industries.
Growing along with the demand for more
cars, American Metal Products would
manufacture the First seat Frames with Coil
Springs in 1,928, incorporate the next year
and Break the $ 1 million Sales Mark in one thousand nine hundred thirty-nine. .
By 1941st, AMP had 12 customers and
approximately 900 employees.
Switching to Military Production at America's
Entry Into World War II, Wartime Production
resulted in Sales of $ 11 million by the 1,944th and,
with the Post-War Resurgence of domestic
Auto demand, Sales grew. Almost to $ 31
million by 1950. This Peacetime period
was Marked by producing seats for all Ford
passenger cars, seats and axles for Chevrolet
Trucks as well as Propeller Shafts for Some
Plants Chevrolet Some among non-Automotive
End-Consumer Products. Innovation
in seat Springs Design LED AMP to its own
Machinery to Make Complex Wire Springs in
one thousand nine hundred fifty 3- and 2-Way and seat adjusters.
A 4-Way Track Adjuster was Patented seat in
the next year 1,952th and Through Acquisitions
AMP produced more than 4500. Front seat
rear seat Assemblies and 1.8 thousand Units Made
of tubular and Zig-ZAG Springs Frames per
Day by the End of 1953. Other Innovations
that included the Universal followed shortly
Seat Positioning Adapter, the First Power Seat
Track and the 6-Way Electric seat Adjuster. .
The next year the AMP moved Into
Canadian Market via Acquisition of General
Products Spring of Kitchener, Ontario.
By the 1,957th, AMP Sales reached $ 72.5 million,
with About 5000 employees. The next year
the "Unison-Action" Truck seat was
introduced, a seat with a contoured Back
Moving in Unison with the seat Cushion to
alleviate Driver discomfort and fatigue.
In one thousand nine hundred and sixty-three, AMP purchased the No-Sag Spring
Company which Gave it full or. partial
Ownership of Operations in Mexico, Germany,
Brazil, England and Venezuela. In addition
to Springs, the 1960s Saw the First Development
and manufacture of a 6-Way Power
seat mechanism and Work on the First robotic
resistance WELDING to be used for seat Frames.
Wanting to Concentrate on aviation and
unable to convince others Within the Company,.
William Lear SOLD his interest in Lear,
Inc., to the Siegler Corporation in 1962, thus
becoming Lear Siegler, Inc. (LSI), which would
Acquire AMP in 1966. By the Late 1960s, LSI
produced 25% of all Assemblies Automotive seat.
Housings and Heavy Truck axle and 20%
of Heavy Truck and Tractor seating Within the
US. and Canada. Among its Other Innovations
at the time were the in-Cushion seat
recliner mechanism; Vertical Adjuster seat and
tilt Device; and Power headrest Mechanisms.
LSI established a foam & Plastic Development
Laboratory and in 1,969 initiated a polyurethane
foam Production line, an Early Venture
Into what would Become a Major business
segment.
By one thousand nine hundred seventy-one, LSI had Become the largest Independent
Supplier of seating Assemblies in
the. World and achieved Sales of $ 900 million
in 1977. Continuing to Innovate in the Late
1970s, LSI introduced "Captain's Chairs"
(seats that swiveled on Pedestal bases) and
the First non-welded aluminum seat Frame
and also began Production of fully-trimmed
seats. for automakers.
HISTORY OF LEAR
In the Early 1980s, LSI's Seating business
established the Just-in-Time (JIT) Concept
for US Auto Suppliers, which Cut Inventory
and Transportation costs as well as Enhanced
product quality. LSI also introduced many
Innovations including the Patented Sure Bond
Process for Manufacturing molded seats and
the First "pour-in-Place" headrests. In one thousand nine hundred eighty-seven,
LSI spun off the Seating business via a Management
buyout resulting in a New Company,
Lear Siegler Seating Corporation (LSSC),
which later became Lear Seating Corporation
(LSC).
With About 70% of Automotive seating
business in-sourced in Europe. Early in the
1990s, Lear competed for and Won the Saab
and Volvo seat business to Enter the European
Market. In 1,992, Lear built its First JIT
facility in Eisenach, Germany, for Opel. By
1 995, Lear added programs for Jaguar and
SET up a Munich Office for BMW.
The LSC Corporate Entity went Public in April
1,994, then ranked 281st among Fortune
500 companies, and acquired the largest
seat manufacturer in Europe, the Fiat Seat
Business, in. December of that year. In 1 995,
in the Pacific Rim Ventures New pursued Lear,
South Africa and South America, notably
assembling seats for Brazil's Best-selling Car,
the Volkswagen Gol. By the Mid-1990s,
Lear had 100 Global facilities and more than
35,000 employees in 19 countries.
In May one thousand nine hundred and ninety-six, LSC changed its name to Lear
Corporation, with in-House capability in all
Automotive Interior Systems, including
Complete seat Manufacturing, with Almost.
150 facilities in 21 countries, more than
40,000 Team Members Serving 26
automakers and Sales exceeding $ 6 billion.
In addition to Beginning Production in China,
Made Lear Four Major Acquisitions in 1,997:
ITT's North American seating business; England's
Dunlop Cox, Ltd .; the Company Czech
Empetek; and, significantly, Germany's Keiper
Car Seating, which strengthened Lear's Relationship
with Audi, Mercedes-Benz, Porsche
and Volkswagen. The Same year Saw Lear
Expand its Southfield Advanced Technology
Center, adding the "Vision Works" Program,
a Visual Engineering Tool that eliminated the
Need for a physical prototype by using an
electronically-drawn Model.
Substantial growth continued as well as
Expansion Into Electrical Distribution. Systems
in one thousand nine hundred and ninety-nine as Lear acquired United Technologies
Automotive (UTA), further strengthened by
the 2004 Acquisition of the German terminals
& Connectors Company Grote & Hartmann.
In addition to Electrical Distribution
Systems becoming a Key Component of Lear's
business, the Seating Division continued its
Innovation. from 1999 on by developing the
Anti-Whiplash ProTec SystemTM, SoyFoamTM
in association with Ford, and the Evolution
SeatTM.
Chief Financial Officer Matt Simoncini
became President & Chief Executive Officer
in September 2 011 and subsequently in 2012th
Lear acquired Guilford Performance Textiles
and Won a Premier. Automotive Suppliers'
Contribution to Excellence (PACE) Award for
the Solid State Smart Junction TM.
In Early the 2015th, Lear took another important
Step to further strengthen the Company and
Accelerate Future growth with the Acquisition
of Eagle Ottawa - the World's largest Supplier
of Leather to. the Automotive Industry.
From its beginnings at one
Site in Detroit, Lear has Grown
Into a Leading Supplier to the
Global Automotive business
with approximately 132,000
employees located in 235
facilities in 34 countries,
the 2,014th .NET Reporting Sales of
$ 17.7 billion.
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