United States

Profile: Commercial Vehicle Group Inc (CVGI.O)

CVGI.O on Nasdaq

19 Jul 2019
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Commercial Vehicle Group, Inc., incorporated on August 23, 2000, is a supplier of a range of cab-related products and systems. The Company operates through two segments: the Global Truck and Bus Segment (GTB Segment) and the Global Construction and Agriculture Segment (GCA Segment). The GTB Segment manufactures and sells products, which include Seats, Trim, sleeper boxes, cab structures, structural components and body panels, and mirrors and wiper systems. The GCA Segment manufactures and sells the products, which include Electronic wire harness assemblies and Seats, Wiper systems, Office seating, and Aftermarket seats and components.

The Company's products include seats and seating systems (Seats); trim systems and components (Trim); cab structures, sleeper boxes, body panels and structural components; mirrors, wipers and controls, and electronic wire harness and panel assemblies designed for applications in commercial and other vehicles. The Company supplies its products for the commercial vehicle market, including the medium-and heavy-duty truck (MD/HD Truck) market, the medium-and heavy-construction vehicle market, and the military, bus, agriculture, specialty transportation, mining, industrial equipment and off-road recreational markets. The Company has manufacturing operations in the United States, Mexico, the United Kingdom, Czech Republic, Ukraine, China, India and Australia. Its products are sold in North America, Europe, and the Asia-Pacific region.

Global Truck and Bus Segment

The Company's GTB Segment is engaged in designing, engineering and producing seating systems for MD/HD trucks and bus applications. The Company offers a range of seats that include mechanical and air suspension seats, static seats, bus seats and military seats. It also manufactures aftermarket seats, and parts and components. The Company designs, engineers and produces trim for MD/HD trucks, and recreational and specialty vehicle applications. Its Trim products are used for interior cabs of commercial vehicles, as well as exterior components for commercial recreational and specialty vehicles. The Company's principal products in the trim category include trim products, instrument panels, headliners and wall panels, storage systems, floor covering systems, sleeper bunks, grab handles and armrests, privacy curtains, and plastics decorating and finishing. Its Trim products include door panels and other interior trim panels. Specific components include vinyl or cloth-covered appliques, armrests, map pocket compartments, and sound-reducing insulation ranging from a traditional cut and sew approach to a contemporary molded styling theme.

The Company produces and assembles instrument panels that can be integrated with the rest of the interior trim. Its headliners and wall panels consist of a substrate and a finished interior layer made of fabrics and other materials. It offers modular storage units and custom cabinets. These storage systems are designed to be integrated with the interior trim. The Company has a portfolio of floor covering systems and dash insulators. Carpet flooring systems consist of tufted or non-woven carpet with a thermoplastic backcoating. Non-carpeted flooring systems, which are used in commercial and fleet vehicles, offer wear and maintenance characteristics. The Company offers an array of upper and lower sleeper bunks for heavy trucks. It offers grab handles and armrests. It offers privacy curtains for use in sleeper cabs. The Company offers a range of finishes in paint, ultra violet, hard coating and customized industrial hydrographic films, paints and other interior and exterior finishes (simulated appearance of wood grain, carbon fiber, brushed metal, marbles, camouflage and custom patterns).

The Company designs, engineers and produces cab structures, sleeper boxes, body panels and structural components for MD/HD Trucks. Its principal products in this category include cab structures, sleeper boxes, bumper fascias and fender liners, and body panels and structural components. It designs, manufactures and assembles cab structures. Its cab structures, which are manufactured from both steel and aluminum, are delivered fully assembled and primed for paint. It designs, manufactures and assembles sleeper boxes that can be part of the overall cab structure assemblies depending on the customer application. It designs and manufactures bumper fascias and fender liners. It produces a range of both steel and aluminum exterior body panels and structural components for use in production of cab structures and sleeper boxes.

The Company designs, engineers and produces a range of mirrors, wipers and controls used in commercial vehicles. Its principal products in this category include mirrors, windshield wiper systems and controls. It offers a range of round, rectangular, motorized and heated mirrors and related hardware, including brackets, braces and side bars. Its road and outside temperature devices can be mounted on the cab integrated into the mirror face and the vehicle's dashboard through its RoadWatch family of products. It offers application-specific windshield wiper systems and individual windshield wiper components. It offers a range of controls and control systems for window lifts, door locks and electric switch products. The GTB Segment sells aftermarket products in North America.

The Company's commercial vehicles are used in a range of end markets, including local and long-haul commercial trucking, bus, construction, mining, agricultural, military, industrial, municipal, off-road recreation and specialty vehicle markets. Purchasers of commercial trucks include fleet operators, owner operators, governmental agencies and industrial end users.

The Company competes with Sears Manufacturing Company, Isringhausen, Grammer AG, Seats, Inc., Isrihuatai, Tiancheng, Harita, Pinnacle, ConMet, International Automotive Components, Superior, Blachford Ltd., Magna, International Equipment Solutions, Worthington Industries, McLaughlin Body Company, Defiance Metal Products, Hadley, Retrac, Lang-Mekra, Doga, Wexco, Trico and Valeo.

Global Construction and Agriculture Segment

The Company's GCA Segment offers products, such as electronic wire harnesses and panel assemblies, seats and seating systems, office seating and wipers systems. The Company produces a range of electronic wire harnesses and electrical distribution systems and related assemblies. It offers a range of electronic wire harness assemblies that function as the primary electric current carrying devices used to provide electrical interconnections for gauges, lights, control functions, power circuits, powertrain and transmission sensors, emissions systems and other electronic applications on commercial vehicles. The Company provides wire harnesses for a range of commercial and passenger vehicles. The Company assembles integrated components, such as panel assemblies and cabinets that are installed in a vehicle or unit of equipment and may be integrated with its wire harness assemblies. The components provide the user control for multiple operational functions and features.

The Company designs, engineers and produces seats for construction, agriculture and military markets. The Company offers a range of seats that include mechanical and air suspension seats and static seats, as well as some seat frames. It also manufactures seats, parts and components for the aftermarket. The Company manufactures office seating products for different office environments, including emergency services, call centers, receptions, studios, boardrooms and general office. The Company designs, engineers and produces a range of wipers used in commercial vehicles. It offers application-specific windshield wiper systems and individual windshield wiper components.

The Company's construction equipment products are used in the medium and heavy construction equipment markets. Purchasers of medium and heavy construction equipment include construction companies, municipalities, local governments, rental fleet owners, quarrying and mining companies and forestry-related industries. Purchasers of light construction equipment include contractors, rental fleet owners, landscapers, logistics companies and farmers. In the medium and heavy construction equipment market, it supplies OEMs with its wire harness and seating products. It markets its products for small, medium and large agricultural equipment across a spectrum of machines, including tractors, sprayers, bailers, farm telehandler equipment and harvesters. It supplies products for heavy- and medium-payload tactical trucks that are used by various military customers.

The Company competes with Delphi Automotive PLC, Leoni, Nexans SA, PKC Group, Stoneridge, St. Clair and Fargo Assembly.

Company Address

Commercial Vehicle Group Inc

7800 Walton Pkwy
NEW ALBANY   OH   43054-8233
P: +1614.2895360
F: +1302.6555049

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