TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
SOUTHFIELD, Mich., Jan. 22, 2018 -- Janesville Acoustics, a division of Jason Industries Inc. (NASDAQ:JASN) (NASDAQ:JASNW) and one of the largest producers of acoustical fiber in North America, today announced the opening of its new Advanced Development Center (ADC) in Farmington Hills, Mich., 25 minutes outside of Detroit. Janesville moved the ADC to Farmington Hills, Michigan from Milan, Ohio.
|
|||
The new ADC is expected to strengthen the company’s innovation and development of lightweight acoustical and fiber-based product solutions for the automotive and other industries. The location is close to Janesville’s corporate offices in Southfield and many of its customers.
“Our new ADC facility brings our research and development and prototype activities closer to our customers, suppliers, and our commercial and technical staff in Detroit,” said Srivas Prasad, Senior Vice President and General Manager. “We expect the new facility will provide more opportunity for collaboration with our customers and suppliers in order to develop market leading product solutions.
“Our customers continue to look for light weight acoustical and structural solutions, and by being close to them, we can better understand their needs, rapidly build prototypes, and turnaround multiple solution iterations. The increased growth in electric vehicles will demand new acoustical solutions to support this market growth. Being in the middle of the growth of this new technology will allow us to respond more effectively.”
Located at 23028 Commerce Drive, the Farmington Hills site spans approximately 25,000 square feet and will complement Janesville six manufacturing facilities in North America. This location will be responsible for benchmarking, prototyping, manufacturing simulation, and the testing and validation of the company’s light weight component products.
About Janesville Acoustics
Janesville Acoustics is one of the world’s largest producers of acoustical and thermal fiber insultation for a variety of automotive applications. Founded in 1874, the company is based in Southfield, Michigan with manufacturing plants and satellite offices in Michigan, Ohio, Mississippi, North Carolina, Missouri and Mexico.
About Jason Industries, Inc.
Jason Industries, Inc. is the parent company to a global family of manufacturing leaders within the finishing, components, seating, and acoustics markets, including Osborn (Richmond, Ind. and Burgwald, Germany), Metalex (Libertyville, Ill.), Milsco (Milwaukee, Wis.), and Janesville Acoustics (Southfield, Mich.). Headquartered in Milwaukee, Wis., Jason employs more than 4,200 people in 14 countries.
CONTACT:
Jody Lowe, The Lowe Group
[email protected]
414-322-9311
