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VC Visteon Corporation

113.49
2.32 (2.09%)
Last Updated: 15:06:04
Delayed by 15 minutes
Share Name Share Symbol Market Type
Visteon Corporation NASDAQ:VC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.32 2.09% 113.49 113.08 113.46 113.495 111.99 112.38 11,103 15:06:04

Halla Visteon Climate Control Canada Celebrates 25 Years of Operation

17/09/2014 3:00pm

PR Newswire (US)


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BELLEVILLE, Ontario, Sept. 17, 2014 /PRNewswire/ -- An affiliate of Halla Visteon Climate Control Corp. (KS: 018880) is celebrating a quarter century producing climate control products in the automotive sector.

Halla Visteon Climate Control Canada Inc., located in Belleville, Ontario, currently has approximately 500 employees and produces automotive heating, ventilation and air conditioning (HVAC) units, underbody and underhood fluid transport lines, and accumulators for various vehicle manufacturers. Employees marked the 25-year anniversary by hoisting a commemorative flag at the facility and organizing an outdoor celebration with family members.

Established in 1989, the company, then known as Halla Climate Control Canada Inc., was the first operation outside of Korea. The operation grew in size and scope, and in 1997, a second facility was purchased within a 2-kilometer radius. Today, these two facilities span 19,000 square meters of manufacturing space.

Current HVCC President and CEO YH Park served as managing director of the Canada operations for nine years from 1995-2004.

"This is an important milestone for HVCC, and I had the honor of seeing this operation develop and grow over the past 25 years," Park said. "Notably, one thing that has not changed since 1989 is the passion and dedication of our team members, and the ongoing support of the local community as we work to deliver high-quality products and solid customer service."

About Halla Visteon Climate Control
Halla Visteon Climate Control (HVCC) is a full-line automotive supplier of thermal energy management solutions. Products include heating ventilation and air conditioning; compressors; powertrain cooling; fluid transport; and electric, hybrid and fuel cell vehicle thermal systems. With 35 manufacturing sites supported by four global technical centers in 19 countries, HVCC employs more than 15,000 people.

HVCC is a 70 percent-owned subsidiary of Visteon Corporation (NYSE: VC) and is traded on the Korea Stock Exchange. Learn more at www.hvccglobal.com.

About Visteon
Visteon is a global automotive supplier delivering value for vehicle manufacturers and shareholders through two high-growth core businesses: automotive cockpit electronics and thermal management. Visteon designs, engineers and manufactures innovative components and systems for virtually every vehicle manufacturer worldwide. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Chelmsford, UK; Visteon has facilities in 31 countries and employs about 29,000 people. Visteon had sales of $7.4 billion in 2013. Learn more at www.visteon.com.

SOURCE Halla Visteon Climate Control Corp.

Copyright 2014 PR Newswire

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