Displaying items tagged: Gentex Corp

Friday, 20 April 2018 11:53

Gentex sales up despite slump in auto production, supplier issue

Despite a decline in light vehicle production globally so far in 2018 and supply issues that affected product deliveries, automotive supplier Gentex Corp. saw higher sales in the first quarter.

Published in Breaking News
Sunday, 18 March 2018 11:05

Federal tax reform benefits manufacturers’ investments in automation equipment

For West Michigan manufacturers who are struggling both to find workers and to keep up with order volumes, the recent federal tax reform offers some welcome news.

Published in Manufacturing
Friday, 09 March 2018 13:28

Gov. Snyder calls for more employer involvement in new workforce development initiative

As Gov. Rick Snyder works to secure a $100 million commitment for his “Marshall Plan for Talent,” he also wants to tear down silos between the education and business communities.

Published in Breaking News

Sunday, 04 February 2018 01:26

Vehicle interiors become hub for innovation and technology

DETROIT — The push to offer autonomous driving, innovate new mobility options and differentiate models with new technology has upended many parts of the automotive industry.

Published in Manufacturing
Thursday, 11 January 2018 08:17

Gentex partners with Swedish firm for iris-scanning technology

Automotive supplier Gentex Corp. announced long-term exclusive partnership with a Swedish tech firm.

Published in Breaking News
Monday, 08 January 2018 15:54

Gentex leads $5 million Series A round in smart home software developer

Automotive supplier Gentex Corp. has taken an equity stake in Boulder, Colo.-based tech firm Yonomi as part of a $5 million Series A financial round.

Published in Breaking News

Friday, 05 January 2018 15:42

Gentex founder Fred Bauer retires as CEO

Gentex Corp. founder, Chairman and CEO Fred Bauer has retired effective Dec. 31, ending a more than 40-year career with the automotive supplier, the company announced today in a regulatory filing.

Published in Breaking News
Sunday, 12 November 2017 15:32

Automation shifts workforce needs for West Michigan manufacturers

Manufacturers in West Michigan have turned to automation in recent years to get jobs done quicker and cheaper, and their investments in the technology shows no signs of slowing down.

Published in Manufacturing
Friday, 20 October 2017 11:49

Gentex remains open to acquisitions, partnerships that position product portfolio for growth

With $562 million in cash on its balance sheet, automotive supplier Gentex Corp. continues to be on the hunt for acquisition opportunities that can help bolster its technology portfolio.

Published in Breaking News

Sunday, 23 July 2017 14:01

Staying the course: Manufacturers’ R&D spending expected to remain steady through 2018

West Michigan manufacturers continue to take a steady yet conservative approach to research and development spending.

Published in Manufacturing
Friday, 28 April 2017 13:17

Auto drives double-digit sales growth in Gentex’s Q1 2017

Buoyed by continued strength in the automotive market, Gentex Corp. reported double digit sales growth in the first quarter of 2017.

Published in Breaking News
Sunday, 05 February 2017 16:13

Ripple Effects: West Michigan auto suppliers capitalize on push for advanced technologies

As the automotive industry pursues cutting-edge technological breakthroughs in autonomous driving and vehicle electrification, West Michigan suppliers must ensure they’re not left behind. 

Published in Manufacturing

Friday, 27 January 2017 11:31

Gentex reports flat earnings for fourth quarter

Despite single-digit sales growth, Gentex Corp. reported flat earnings to end 2016.

Published in Breaking News
Thursday, 20 October 2016 09:52

International mirror sales drive Gentex’s Q3 results

Despite relatively flat light vehicle production globally, Gentex Corp. generated double-digit sales growth in its third quarter, continuing a trend the company has maintained since the beginning of the year.

Published in Breaking News
Sunday, 16 October 2016 19:08

Auto Focus: Surviving in the Automotive Industry

The automotive industry has been very good for West Michigan, in spite of the challenges that it has dished up for component suppliers over the last several decades. 

Editor’s note:
After more than 13 years of writing the Auto Focus column for MiBiz, Melissa Anderson plans to retire as a columnist, effective immediately, as she winds down her storied career in automotive analysis and research. In the short term, she and her husband plan to travel in the Southern Hemisphere. “I have enjoyed writing the column and it has been a good long run,” Anderson said. Anderson’s business intelligence on the automotive industry will be missed. “Melissa was our ideal business columnist because she was able to talk with a lot of knowledge about trends in the global automotive industry while also providing a lot of local context, examples and data,” said MiBiz Publisher Brian Edwards. MiBiz will continue its search for a new automotive/manufacturing columnist throughout the coming months.

Published in Manufacturing

Friday, 22 July 2016 11:13

Gentex continues double-digit sales growth in Q2

The momentum built by Gentex Corp. in the beginning of the year has continued on into the automotive supplier’s second quarter, driven primarily by sales of the company’s auto-dimming mirrors.

Published in Breaking News
Sunday, 10 July 2016 13:19

Brexit adds uncertainty for West Michigan manufacturers

British voters wanted to send a message with the Brexit vote, and it was certainly heard loud and clear by manufacturers in West Michigan. 

Published in Manufacturing
Sunday, 26 June 2016 12:09

Post-Brexit, West Michigan public company stocks take a beating

Stock prices of West Michigan’s publicly traded companies tumbled on Friday as Wall Street succumbed to the uncertainty caused by the U.K.’s decision to exit the European Union.

Published in Breaking News

Friday, 22 April 2016 15:17

Gentex sales jump 10 percent in first quarter

Driven by an increase in light vehicle sales, auto supplier Gentex Corp. generated double-digit revenue growth in its first quarter.

Published in Breaking News
Sunday, 17 April 2016 16:04

Auto suppliers find mixed blessings in federal mandates

At a recent news conference, all of the major automakers pledged to make automatic emergency braking (AEB) standard on every light vehicle within six years. 

Published in Manufacturing
Sunday, 17 April 2016 15:58

West Michigan auto suppliers, startups rush to develop autonomous technology

Experts in the automotive industry have a simple message for companies figuring out how to navigate a changing vehicle market: Embrace the eventual shift to autonomous cars or you will cease to exist. 

Published in Manufacturing

Sunday, 03 April 2016 15:27

OEMs continue to spend on outsourced product development and engineering

Despite some uncertainty about the health of the global economy, West Michigan product development and engineering firms remain bullish on the manufacturing sector, at least for the short term. 

Published in Manufacturing
Sunday, 07 February 2016 23:36

Gentex: A lesson in outperforming the market

Most automotive suppliers in West Michigan remain privately-held, meaning that information about their financial health stays tightly under wraps.

Published in Manufacturing
Thursday, 28 January 2016 13:14

Gentex beats analysts’ revenue expectations, continues to hoard cash

The supplier of automotive auto-dimming rearview mirrors and electronics reported cash on hand of approximately $552 million at the close of the 2015 calendar year, an increase of 11 percent from the prior year, according to financial results the company reported today.

Published in Breaking News

Monday, 04 January 2016 15:41

Gentex partners with TransCore on integrated tolling system

Gentex Corp. (NASDAQ: GNTX) has partnered with Tennessee-based TransCore to launch a vehicle-integrated tolling system for drivers using the country’s toll roads.

Published in Breaking News
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