|Public limited company|
|Predecessor||Automotive Experience division of Johnson Controls International|
|Founded||October 31, 2016|
Number of locations
|250 manufacturing/assembly plants (2017)|
|Frederick "Fritz" Henderson CEO|
|Revenue||US$17 billion (2016)|
Number of employees
Adient plc is an Irish-domiciled manufactures automotive seating for customers worldwide and is based in Plymouth, Michigan. As of 2017[update], Adient was the world's largest auto seat manufacturer, accounting for one-third of the markets global revenue and providing components for 25 million vehicles.
Adient was founded as a spin-off from Johnson Controls in 2016, establishing its legal domicile in Dublin, Ireland. Johnson Controls had entered the automotive seating business in 1985 by acquiring Hoover Universal. In September 2017, Adient acquired the Oak Park, Michigan-based automotive seat manufacturer Futuris from Clearlake Capital, which added 15 facilities in Asia and North America, including one facility based in Newark, California, and which was anticipated to increase the company's revenue by $0.5 billion annually.
As of 2017[update], Adient employed 86,000 people across 250 manufacturing/assembly plants, in 34 countries.[Nt 1] In 2016, Adient announced plans to move its global operating headquarters to the Marquette Building in Detroit, but canceled those plans as of June 2018.
In January 2018, a joint venture was formed by Adient (50.01%) and Boeing (49.99%) to develop and manufacture airliner seats for new installations or retrofit, a $4.5 billion market in 2017 which will grow to $6 billion by 2026, to be based in Kaiserslautern near Frankfurt and distributed by Boeing subsidiary Aviall, with its customer service center in Seattle.
- It is unclear whether this number includes assets acquired through Futuris.
- Wong, Wilson Kia Onn (2017). "The global automotive seats industry". Automotive Global Value Chain: The Rise of Mega Suppliers. Routledge Advances in Management and Business Studies. Routledge. p. 87. ISBN 9781315300979. OCLC 1003268557 – via Google Books (preview).
- "Adient Announces Leadership Transition Plan" (Press release). Adient. 11 June 2018.
- "Adient Investors Meeting". Adient Components Ltd. November 2017. Retrieved 30 August 2018.
- Daniels, Lee A. (1985-03-05). "Johnson Buying Hoover Universal". The New York Times. ISSN 0362-4331. Retrieved 2018-08-29.
- Loan Programs Office (January 2016). Driving Economic Growth: Advanced Technology Vehicles Manufacturing (PDF) (Report). United States Department of Energy. p. 2. Retrieved 6 January 2018.
- Wayland, Michael (30 November 2016). "Adient moving to downtown Detroit's Marquette Building". The Detroit News. Retrieved 2017-12-04.
- "Auto supplier Adient cancels move to downtown Detroit. Here's why". Detroit Free Press. Retrieved 2018-07-05.
- "Boeing, Adient Launch New Company to Design and Build Airplane Seats" (Press release). Adient. 16 January 2018 – via PRNewswire.