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Company Overview History | Fact Sheet | Management Bios | FAQs 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 grown to meet the changing needs of the industry with 18 major acquisitions since 1994, when Lear went public. Today, the company provides complete seat systems, electronic products and electrical distribution systems. With annual net sales of $13.6 billion in 2008, Lear is one of the world's largest automotive suppliers. The company's world-class products are designed, engineered and manufactured by a diverse team of 71,000 employees at 210 locations in 36 countries. Lear's headquarters are in Southfield, Michigan, and Lear is traded on the New York Stock Exchange under the symbol [LEAWI]. The success of Lear is a result of our dedication to provide the best possible service to the world's automakers - which includes understanding their customers, the automotive consumer - by delivering increased value through the latest vehicle technologies and the continuous improvement of our processes and product quality. All of this is reflected in Lear's exclusive People-Vehicle-Interface Methodology. By utilizing the PVI Method, Lear employs an innovation development discipline that turns market opportunities into the products that consumers want and customers need in their vehicles. |
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