Profile: Stoneridge Inc (SRI.N)
13.02USD
1 Aug 2013
$0.94 (+7.78%)
$12.08
$12.21
$13.16
$12.03
107,884
64,529
$13.16
$4.45
Stoneridge, Inc. is a designer and manufacturer of engineered electrical and electronic components, modules and systems for the commercial vehicle, automotive, agricultural and off-highway vehicle markets. The Company operates in three segments: Electronics, Control Devices and PST. The core products of the Electronics segment include vehicle electrical power and distribution systems, and electronic instrumentation and information display products. The core products of the Control Devices segment include sensors, electronic and electrical switch products, valves and control actuation devices. The Company’s product offerings consist of vehicle instrumentation systems, vehicle management electronics, application-specific switches and actuators, sensors, and power, signal distribution systems and application-specific switches and actuators. On December 31, 2011, it completed the acquisition of an additional 24% controlling interest in PST Eletronica Ltda.
The Company’s operations, including its joint ventures, encompasses more than 25 locations in 15 countries and enables the Company to supply global and regional commercial vehicle, automotive, agricultural and off-highway vehicle manufacturers worldwide. It supplies its products to commercial vehicle and automotive original equipment manufacturers (OEMs), and select non-vehicle OEMs, as well as some commercial vehicle and automotive tier-one suppliers. Its principal customers include Navistar International Corporation, Deere & Company, Ford Motor Company, General Motors Company and Chrysler Group LLC.
Electronics
The Company’s Electronics segment designs and manufactures electronic instrument clusters, electronic control units, driver information systems and electrical distribution systems (primarily wiring harnesses and connectors for electrical power and signal distribution). These products collect, store and display vehicle information, such as speed, pressure, maintenance data, trip information, operator performance, temperature, distance traveled and driver messages related to vehicle performance. In addition, power distribution systems regulate, coordinate and direct the operation of the electrical system within a vehicle. These products use hardware, software and multiplexing technology and are sold principally to the commercial vehicle, agricultural and off-highway vehicle markets. It also assembles entire instrument panels for the medium and heavy-duty truck markets that are configured to the OEM customer’s specifications.
The Company competes with Bosch, Continental AG, Delphi Automotive PLC, Leoni, Nexans SA, PKC Group, and Yazaki Corporation.
Control Devices
The Company’s Control Devices segment designs and manufactures products that monitor, measure or activates functions within a vehicle. This segment includes product lines, such as sensors, switches, valves, and actuators, as well as other electronic products. Sensor products are employed in vehicle systems, such as the emissions, safety, powertrain, braking, climate control, steering and suspension systems. Switches transmit signals that activate specific functions. Its switch technology is principally used in two capacities, user-activated and hidden. User-activated switches are used by a vehicle’s operator or passengers to manually activate headlights, rear defrosters and other accessories. Hidden switches are not visible to vehicle operators or passengers and are engaged to activate or deactivate selected functions as part of normal vehicle operations, such as brake lights. In addition, the Company’s Control Devices segment designs and manufactures electromechanical actuator products that enable OEMs to deploy power functions in a vehicle and can be designed to integrate switching and control functions. It sells these products principally to the automotive market.
The Company competes with BEI Sensors, Bosch, Continental AG, Delphi Automotive PLC, Denso Corporation, Hella KGaA Hueck & Co., Methode Electronics, Inc., Sensata, TRW Automotive Holdings Corp. and Visteon.
PST
The Company’s PST segment specializes in the design, manufacture and sale of electronic vehicle security alarms, convenience accessories, vehicle tracking devices and monitoring services and in-vehicle audio and video devices primarily for the automotive and motorcycle industry. This segment includes product lines such as alarms, convenience applications, vehicle monitoring and tracking devices and infotainment systems. These products improve the performance, safety and convenience features of its customers’ vehicles. PST sells its products through the aftermarket distribution channel, to factory authorized dealer installers, also referred to as original equipment services, direct to OEMs and through mass merchandisers.
The Company competes with Autolift, Autotrac, Brose, Car System, Graber, H-Buster, Ituran, M. Marelli, Quantum, Olimpus, Sascar, Segma, Sistec, Sony, Techcar and Tragial.
Company Address
Stoneridge Inc
9400 East Market Street
WARREN OH 44484
P: +1330.8562443
F: +1330.8563618
Company Web Links
| Name | Compensation |
|---|---|
John Corey |
2,562,140 |
George Strickler |
945,562 |
Peter Kruk |
-- |
Sergio Leite |
-- |
Richard Adante |
609,445 |

