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Adient

From Wikipedia, the free encyclopedia

Adient plc
TypePublic
ISINIE00BD845X29
PredecessorAutomotive Experience division of Johnson Controls International[1]
FoundedOctober 31, 2016; 9 years ago (2016-10-31)[1]
HeadquartersPlymouth, Michigan, U.S.
Number of locations
200 manufacturing/assembly plants (2026)[1]
Area served
Worldwide
Key peopleJerome Dorlack (CEO)[2]
RevenueDecrease US$14.5 billion (2025)[1]
Decrease −US$281 million (2025)[3]
Number of employees
65,000 (2025)[1]
Websiteadient.com

Adient plc is an American, Irish-domiciled company that operates as the largest[4] manufacturer of automotive seating for customers worldwide and is based in Plymouth, Michigan, United States.[5]

History

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Adient was founded as a spin-off from Johnson Controls in 2016,[5] establishing its legal domicile in Dublin, Ireland.[1] Johnson Controls had entered the automotive seating business in 1985 by acquiring Hoover Universal.[6] 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,[7] and which was anticipated to increase the company's revenue by $500 million annually.[5]

In 2016, Adient announced plans to move its global operating headquarters to the Marquette Building in Detroit,[8] but canceled those plans as of June 2018.[9]

Concept Vehicle by Adient

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 was then forecast to 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.[10]

In February 2020, Adient announced it agreed to sell its 30% stake in Yanfeng Global Automotive Interior Systems to Yanfeng Automotive Trim Systems for $379 million.[11][12]

In March 2020, Adient entered into an agreement to sell its automotive fabrics manufacturing business to Sage Automotive Interiors for $175 million.[13][14]

As of 2026, Adient employs more than 65,000 people across ~200 manufacturing/assembly plants,[1] in 29 countries.[5][Nt 1]

Manufacturing facilities

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Africa

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Asia

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(under construction)

Europe

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(under construction)

Untitled

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North America

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(under construction)

Untitled

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South America

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(under construction)

Untitled

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Oceania

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(under construction)

Notes

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  1. ↑ It is unclear whether this number includes assets acquired through Futuris.

References

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  1. 1 2 3 4 5 6 7 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).
  2. ↑ "Adient President and CEO Doug del Grosso announces retirement; CFO Jerome Dorlack to be appointed leader of seating supplier" (Press release).
  3. ↑ "Adient plc Form 10-K for the fiscal year ended September 30, 2025". U.S. Securities and Exchange Commission. November 18, 2025. Retrieved September 6, 2026.
  4. ↑ "Adient Is A Leader in Seating". May 3, 2024. Retrieved January 27, 2025.
  5. 1 2 3 4 "Adient Earnings Release". Adient Investors Website. November 2023. Retrieved October 19, 2023.
  6. ↑ Daniels, Lee A. (March 5, 1985). "Johnson Buying Hoover Universal". The New York Times. ISSN 0362-4331. Retrieved August 29, 2018.
  7. ↑ Loan Programs Office (January 2016). Driving Economic Growth: Advanced Technology Vehicles Manufacturing (PDF) (Report). United States Department of Energy. p. 2. Retrieved January 6, 2018.
  8. ↑ Wayland, Michael (November 30, 2016). "Adient moving to downtown Detroit's Marquette Building". The Detroit News. Retrieved December 4, 2017.
  9. ↑ "Auto supplier Adient cancels move to downtown Detroit. Here's why". Detroit Free Press. Retrieved July 5, 2018.
  10. ↑ "Boeing, Adient Launch New Company to Design and Build Airplane Seats" (Press release). Adient. January 16, 2018 – via PRNewswire.
  11. ↑ "Adient enters into agreement with joint venture partner Yanfeng to restructure existing joint venture relationships and drive shareholder value". finance.yahoo.com. Retrieved February 19, 2020.
  12. ↑ "Adient to sell stake in Yanfeng Global Automotive - International Leather Maker". internationalleathermaker.com. February 3, 2020. Retrieved February 19, 2020.
  13. ↑ "Adient enters into settlement to promote its materials enterprise". Car Enthusiast World. March 9, 2020. Retrieved March 19, 2020.
  14. ↑ "Adient enters into agreement to sell its fabrics business | Automotive World". www.automotiveworld.com. March 6, 2020. Retrieved March 19, 2020.
[edit]
  • Official website
  • Business data for Adient: