Lots of companies like to call themselves global because they have an office in Europe or a sales employee in Asia. Inteva Products likes to call itself a global firm because it employs 11,500 people in 18 countries.
The automotive supplier specializes in everything from interior systems to engineering. It employs 300 people at its Troy headquarters after making a handful of new hires over the last year.
"There have been a number of hirings," says Karen Manardo, global director of marketing & communications for
Inteva Products.
Inteva Products spun out of Delphi in 2008. It acquired
Arvin Meritor in 2011, a move that essentially doubled its size.
"That was our biggest growth phase," Manardo says.
The company went from $1.2 billion in sales to $2.4 billion. It has since grown quickly, with its revenue edging up to about $2.8 billion.
"We have continued to grow, particularly in China," Manardo says. "That's our biggest growth area."
Source: Karen Manardo, global director of marketing & communications for Inteva Products
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
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