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John Tews
The Millerschin Group

Office: 248 276 1970
Email: wabco--at--millerschingroup--dot--com



Press Release

WABCO Locates Its Americas Headquarters to Auburn Hills, MI; Substantial Investment Demonstrates Commitment to the Commercial Vehicle Industry in North America

• WABCO set to increase employment to 200 by October 2018; Additional 90 high-tech jobs planned by 2021
• Company’s growth in North America fueled by recent acquisitions and increased demand for WABCO’s industry-leading technologies

ROCHESTER HILLS, Michigan, USA – April 17, 2018 – WABCO Holdings Inc. (NYSE: WBC), a leading global supplier of technologies that improve the safety, efficiency and connectivity of commercial vehicles, today announced it will locate its new Americas headquarters to Auburn Hills, MI. The facility is currently under construction and is expected to open in the third quarter 2018.

The new, 102,000 square-foot facility represents a significant investment and demonstrates WABCO’s increased commitment to serve commercial vehicle manufacturers, fleet operators, and aftermarket customers in North America. WABCO has significantly expanded its presence in the region since its launch in 2007. Over the past two years alone, WABCO has tripled its workforce as it acquired four high-tech manufacturing businesses: MICO Inc., Laydon Composites Ltd., R.H. Sheppard Co. Inc., and the buyout of Meritor WABCO Vehicle Control Systems, the 50-50 joint venture with Meritor.

WABCO’s Americas headquarters will house approximately 200 employees when it opens, including employees who are currently located at separate sites in Rochester Hills and Troy, MI. The Company plans to increase employment prior to the opening and is forecasting to add as many as 90 professional jobs at the site during the next three years. Current job openings are posted at wabcotalent.loop.jobs/jobs.

“WABCO’s investment in a new Americas headquarters reflects our leadership in technologies that advance the safety, efficiency and connectivity of commercial vehicles in this region,” said Jon Morrison, WABCO President, Americas. “We are driving dynamic growth and expansion in North America, and this new headquarters will enable our team to anticipate and respond to customer needs even better. In addition, the new office will now co-locate our talented teams, fostering seamless collaboration as we advance innovations to enable autonomous driving in the commercial vehicle industry.”

In addition to office space on two floors, the premises at 1220 Pacific Drive will feature a Customer Experience Center, a vehicle test lab, training center, and other amenities.

“We are thrilled to welcome WABCO to Auburn Hills,” said Kevin McDaniel, Mayor of Auburn Hills. “It will be a point of pride for this community to be home to a company that is known worldwide for its innovation and technology leadership. WABCO’s presence here will strengthen and enhance our community for years to come.”

In addition to acquisitions, WABCO’s recent growth in North America includes the March 2017 opening of a new manufacturing facility in Charleston, SC. For the first time in the company’s history, WABCO has localized the production of its most advanced air disc brakes (ADB) for commercial vehicles in the United States. WABCO invested $20 million in the new facility to meet increasing customer demand for its industry-leading air disc brakes, energy-efficient air compressors and related safety systems. In moving from its Charleston location to this new facility, the Company expanded its manufacturing footprint by more than 60 percent and increased on site employment to approximately 230 individuals.

WABCO’s workforce in the Americas is comprised of more than 1,800 team members at 11 locations, including ten in North America: Rochester Hills and Troy, MI; Charleston, SC; Hebron, KY; North Mankato, MN; Hanover, PA; Wytheville, VA; Oakville, Ontario, Canada; as well as Empalme, Sonora and San Luis Potosi, Mexico. The Company also operates a manufacturing site in Campinas S.P., Brazil. These sites develop, manufacture, localize and support a broad portfolio of WABCO products and systems, including its industry-leading wheel-end solutions and advanced driver assistance systems (ADAS) such as collision mitigation, electronic stability and active steering control systems. WABCO Americas also offers vehicle manufacturers and fleet operators the industry’s leading transmission automation control systems and full range of aerodynamic and air management solutions.

Press Photo/Caption: WABCO will open a new Americas headquarter facility in Auburn Hills, MI in the third quarter 2018, demonstrating the company’s commitment to serve commercial vehicle and trailer manufacturers, fleet operators, and aftermarket customers in North America. The site will house approximately 200 employees when it opens, and WABCO plans to increase employment at the site by as many as 90 additional jobs during the next three years.

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About WABCO
WABCO (NYSE: WBC) is a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles. Originating from the Westinghouse Air Brake Company founded nearly 150 years ago, WABCO continues to pioneer breakthrough innovations to enable autonomous driving in the commercial vehicle industry. Today, leading truck, bus and trailer brands worldwide rely on WABCO’s differentiating technologies, including advanced driver assistance, braking, steering and stability control systems. Powered by its vision for accident-free driving and greener transportation solutions, WABCO is also at the forefront of advanced fleet management systems that contribute to commercial fleet efficiency. In 2017, WABCO reported sales of $3.3 billion and has nearly 15,000 employees in 40 countries. For more information, visit www.wabco-auto.com.

WABCO North America media contact
John Tews, +1 248 276 1970, jtews@millerschingroup.com

Attached Press Release