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The merger, completed in 1998, created a new French and European giant, Faurecia.
1999: Faurecia acquires AP Automotive Systems in the United States.
In 2001, Faurecia acquired the automotive division of Sommer Allibert, thereby forming Europe's leading automotive component supplier.
Then in November 2004, Faurecia received a contract worth nearly $2 billion to produce instrument panels, door panels, center consoles, and other cockpit components for Chrysler's United States automobiles.
The company quickly began extending its production capacity in North America, opening or acquiring factories to reach nearly 30 facilities in that market by 2005.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Foldcraft | - | $31.0M | 200 | 3 |
| Perfecseal, Inc | 1996 | $17.0M | 30 | - |
| Plastic Omnium Auto Exteriors | 1996 | $889.8B | 31,000 | 41 |
| Omega Pultrusions Div | - | $23.6M | 100 | - |
| Tecumseh Products | 1934 | $824.7M | 5,800 | 27 |
| Prysmian Group | 1927 | $6.0B | 8,500 | 196 |
| Minnesota Rubber & Plastics | 1945 | $126.6M | 1,100 | - |
| Elkay Manufacturing | 1920 | $640.0M | 2,500 | - |
| Velcro Brand | 1957 | $1.8B | 4,999 | 26 |
| Elevate Textiles | 1923 | $750.6M | 3,000 | 44 |
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Faurecia Interior Systems Inc may also be known as or be related to Faurecia Interior Systems Inc and Faurecia Interior Systems Inc.