Faurecia Joins Digital Manufacturing and Design Innovation Institute to Help Bring New Technology Prowess to American Industry
AUBURN HILLS, Mich., May 19, 2016 /PRNewswire/ -- Faurecia, one of the world's largest automotive suppliers, today announced it has joined the new Digital Manufacturing and Design Innovation Institute (DMDII), based in Chicago. DMDII is a public-private research and development organization of UI LABS. It is a world-class, first-of-its-kind manufacturing hub that will encourage factories across the nation to deploy digital manufacturing and design technologies for improved efficiency and cost-competitiveness.
Faurecia joins DMDII as an Industry Tier 2 member, alongside other world-leading manufacturers such as Boeing, Caterpillar, Procter & Gamble, Deere and Company, Illinois Tool Works and Microsoft. Together, DMDII partners will create software and other digital tools to be used in their internal operations and research activities worldwide. Faurecia researchers will serve on the organization's Technical Advisory Committee, which will identify gaps in current knowledge of digital manufacturing and design, look at business problems that need digital solutions, and develop a technology roadmap.
"Our involvement in the DMDII is a natural extension of our own digital manufacturing initiative, Faurecia 4.0. Through this program, Faurecia joins with industry partners, academia and government to help manufacturers capture data at every stage of the production process and better control both processes and costs," said Faurecia North America President Mark Stidham. "We look forward to being an integral part of this effort, which will help accelerate the transformation of manufacturing in America."
Faurecia's own internal Digital Manufacturing initiative is already producing exciting results for the company across the whole value chain through the use of predictive maintenance, manufacturing intelligence, automation and collaborative robots, digital management control, and internet of things. The DMDII headquarters offers a fully equipped factory demonstration floor, as well as a collaboration space which will support the development of new manufacturing approaches to optimize processes and improve flexibility.
UI LABS is a Chicago-based research and commercialization collaborative, bringing universities and industries together to define problems, design partnerships and deliver scalable solutions to tomorrow's most important challenges.
About Faurecia
Faurecia is one of the world's largest automotive equipment suppliers. The company consists of four key Business Groups: Automotive Seating, Emissions Control Technologies, Interior Systems and Automotive Exteriors. In 2015, the Group posted sales of $23 billion. As of December 31, 2015, Faurecia employed 103,000 people in 34 countries at 330 sites, including 30 R&D centers. Faurecia is listed on the NYSE Euronext Paris stock exchange and trades in the U.S. over-the-counter (OTC) market. For more information, visit: http://na.faurecia.com/en
In North America, Faurecia had sales of $6.4 billion in 2015. It employs more than 20,000 people at 48 locations in the U.S., Canada and Mexico.
Faurecia will further develop its innovations for lightweighting, safety and comfort through its use of new materials, new processes for reducing the costs of advanced materials, clever sensor technologies and exhaust systems that improve emissions and mileage.
SOURCE Faurecia
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