Visteon Builds Engineering Expertise in Asia Pacific Region With Purchase of Naldec

Dearborn, Mich. (PROTEXT) - Visteon Automotive Systems continues to build an expert portfolio of international engineering and production capability with the purchase of Naldec Corporation in Hiroshima, Japan. Naldec engineers and manufactures advanced electronic body and safety vehicle modules. Acquisition of the corporation allows Visteon to establish a manufacturing and technical base in Japan that will be leveraged throughout the Asia Pacific Region. "Visteon is committed to providing vehicle manufacturers throughout the world with leading edge engineering and design expertise and the very best modules and systems available," said Craig Muhlhauser, president, Visteon. "Our purchase of Naldec is crucial to our ability to effectively do this in the Asia Pacific Region. We are pleased to welcome the Naldec team to Visteon." Visteon purchased 100 percent of Naldec from Mazda Motor Corporation for an undisclosed sum. Currently, the majority of Naldec's sales are to Mazda. Naldec's manufacturing plant in Hiroshima produces approximately 4 million air bag, antilock brake, keyless entry, speed control and other electrical modules annually. The corporation employs approximately 220 people, including about 70 engineers. "Visteon's acquisition of Naldec will allow us to incorporate new, leading-edge manufacturing processes at all of our global facilities -- processes that will better serve our customers," said Roger Saillant, vice president, Energy Transformation Systems, Visteon. "It allows us to build our relationship with Mazda and supports our strategy of winning the business, and the confidence, of every major vehicle manufacturer in the world." With a global delivery system of more than 125 technical, manufacturing, sales and service facilities located in 21 countries, Visteon Automotive Systems is leveraging the talents of its 77,000 employees to deliver innovative, consumer-driven systems solutions to its customers. ots Original Text Service: Visteon Automotive Systems Internet: http://www.newsaktuell.de Contact: Media Inquiries: Cheryl Eberwein, (USA) 313-248-6321, ceberwei@visteon.com, or Analyst Inquiries: Kent Niederhofer, (USA) 313-390-1467, kniederh@visteon.com, both of Visteon Automotive Systems Web site: http://media.visteon.com Subscribers please note that material bearing the slug "PROTEXT" is not part of CTK's news service and is not to be published under the "CTK" slug. Protext is a commercial service providing distribution of press releases from clients, who are identified in the text of Protext reports and who bear full responsibility for their contents. PROTEXT