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TRW Inc. was purchased by military contractor Northrop Grumman Corporation for $7.8 billion in stock in 2002.
TRW Automotive Holdings was founded in 2002 and is headquartered in Livonia, MI.“
Northrop Grumman wanted only TRW's space and defense operations and so sold the TRW automotive business to The Blackstone Group, L.P., a privately held investment firm, in February 2003.
In early 2003, TRW Automotive began a new adventure when it became independent from its former parent company.
TRW Automotive, which reported first-year revenues in 2003 of $11.35 billion, stood as one of the ten largest automotive suppliers in North America with significant operations in Europe as well.
2003: The Blackstone Group, L.P. acquires TRW's automotive uni t, which begins operating as TRW Automotive Holdings Corp. and is bas ed in Livonia, Michigan.
Blackstone took TRW public in February 2004, selling 24.1 million shares of common stock at $28 per share.
Cost-cutting efforts helped cut long-term debt from $3.71 billion to $3.12 billion during 2004.
2004 - Silicon initiator technology for airbag inflators
In September 2005 TRW reached an agreement to acquire majority control of Dalphi Metal Espana, S.A. for $240 million.
2006 – Non-rotating driver airbag technology
2008 – First Lane Keeping System, integrating camera and electric steering technology
2008 - First Lane Keeping System, integrating camera and electric steering technology
2008 - Scalable Airbag Electronic Control Unit for emerging markets
2009 – Seat mounted head airbag for convertibles
2010 – Pedestrian protection system with pyrotechnic hood lifter launched
2011 – Introduced S-Cam scalable camera with advanced functions
In 2015, German parts manufacturer Z. F. Friedrichshafen purchased TRW Automotive and renamed the operation ZF TRW Automotive Holdings Corp.
"TRW Automotive Holdings Corp. ." International Directory of Company Histories. . Retrieved June 21, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/trw-automotive-holdings-corp
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Delphi Automotive Systems | 1998 | $350.0M | 1,834 | - |
| Visteon | 2000 | $3.9B | 10,000 | - |
| MSX International | 1996 | $1.3B | 6,000 | 97 |
| Allison Transmission | 1915 | $3.2B | 2,900 | 197 |
| Yazaki North America | 1966 | $1.1B | 1,500 | - |
| ATK Launch Systems Inc | 1929 | $720.0M | 2,400 | - |
| Vantage Mobility International | 1987 | $15.0M | 200 | - |
| International Trucks | 1902 | $20.3M | 10,001 | - |
| Superwinch | 1970 | $930,000 | 7 | - |
| FCA US LLC | 1925 | $83.1B | 90,000 | 410 |
Zippia gives an in-depth look into the details of TRW Automotive Holdings, including salaries, political affiliations, employee data, and more, in order to inform job seekers about TRW Automotive Holdings. The employee data is based on information from people who have self-reported their past or current employments at TRW Automotive Holdings. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by TRW Automotive Holdings. The data presented on this page does not represent the view of TRW Automotive Holdings and its employees or that of Zippia.
TRW Automotive Holdings may also be known as or be related to TRW Automotive Holdings, TRW Automotive U.S. LLC, Trw and Trw Automotive.