LEA Description: Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, electrical distribution systems, and related components primarily to automotive original equipment manufacturers worldwide. It operates in two segments, Seating and Electrical. The Seating segment provides seat systems and related components, such as leather and fabric products, seat trim covers, recliner mechanisms, seat tracks, seat structures and mechanisms, seat foams, and headrests primarily for automobiles and light trucks, compact cars, and sport utility vehicles. The Electrical segment offers electrical distribution systems and components for managing power and distributing signals within the vehicle for traditional vehicle architectures, as well as high power and hybrid electric systems. This segment’s products include wiring harnesses, terminals and connectors, and high power components for hybrid and electric vehicles; and electronic modules, such as body control modules, gateway modules, junction boxes, lighting control modules, and audio amplifiers. It also provides wireless communication modules, including passive entry, remote keyless entry, and dual range/dual function remote keyless entry systems. Lear Corporation was founded in 1917 and is headquartered in Southfield, Michigan. |