TROY, Mich., June 27, 2017 – Inteva Products, a leading global Tier One automotive supplier of engineered components and systems, is pleased to announce that its President, CEO and Founder Lon Offenbacher has been named a 2017 Entrepreneur of the Year in Automotive & Technology for the Michigan and Northern Ohio Region.
Offenbacher was selected by an independent judging panel that included previous award winners, CEOs, investors, and other regional business leaders. The award was presented at a special gala event at the Detroit Institute of Arts on June 21, 2017.
The annual Ernst & Young Entrepreneur of the Year award recognizes individuals who are building and leading successful, growing and dynamic businesses. The judges reviewed individuals and their companies based on criteria including innovation, personal commitment, and support for the community.
When Offenbacher founded the company in 2008, Inteva had 13 sites (primarily in North America) and about 25 customers, and it completed its first fiscal year with $800 million revenue. Today Inteva has 90 customers, 50 global sites and $2.8 billion in revenue and has made Crain’s Detroit Business’ annual list of Michigan’s fastest-growing companies four times. Innovation, competitiveness and community support are among the company’s Core Values. As part of the company’s commitment to its surrounding communities, employees annually support 176 charities in the areas where they live and work around the globe.
In the last 12 months alone, Inteva opened new sites in six countries. It expanded its existing facilities in (Oshawa) Ontario, Canada and (Vandalia) Ohio. In Michigan, it has recently begun a $23 million long-term investment to upgrade its plant in Adrian and a multi-million investment in its technical capabilities at its World Headquarters in Troy, Michigan.
About Inteva Products, LLC
Inteva Products, LLC is a leading global automotive supplier providing automakers with innovative, reliable, environmentally friendly products that enhance vehicle quality, safety and performance. Inteva has global resources for engineering, manufacturing and customer service for Closure Systems, Interior Systems, Motors and Electronics, and Roof Systems. Formed in 2008, the tier-one supplier is focused on achieving sustained global growth, providing excellent customer service and driving innovation. Inteva was founded on innovative solutions and the use of applied technology to drive value-based solutions. Inteva employs more than 15,000 people globally and is headquartered in Troy, Michigan USA.