Recaro is a market leader in the niche high-performance automotive seating segment, holding a portfolio of patents for high-end performance and safety solutions. The company spun out of Adient (NYSE: ADNT) after Adient was acquired and underwent a lean corporate restructuring. Recaro continues to serve premier auto manufacturing customers today (e.g., Daimler Ford, General Motors, Subaru, Porsche, Audi, Aston Martin) from its locations in the U.S., Japan, and Germany.
The divestment from ADNT put quality, livable wage jobs at risk for Recaro. Arctaris supported the company’s relocation to an Opportunity Zone through investment in a light industrial facility in metro Detroit, wherein the company maintains 50%+ of its workforce from the surrounding communities. The company retained 125 jobs with further capacity to create 75 new jobs with scale. Leadership continues to support local workforce development, prioritizing hiring local contractors to upgrade the new facility.
The divestment from ADNT put quality, livable wage jobs at risk for Recaro. Arctaris supported the company’s relocation to an Opportunity Zone through investment in a light industrial facility in metro Detroit, wherein the company maintains 50%+ of its workforce from the surrounding communities. The company retained 125 jobs with further capacity to create 75 new jobs with scale. Leadership continues to support local workforce development, prioritizing hiring local contractors to upgrade the new facility.
Location: United States, Michigan, Detroit
Employees: 201-500
Founded date: 1906
Investors 1
| Date | Name | Website |
| - | Arctaris C... | arctaris.c... |
Mentions in press and media 6
| Date | Title | Description |
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| 10.12.2024 | Закат Volkswagen: почему легендарный автоконцерн закрывает производство в Германии | В конце октября 2024 года представители Volkswagen заявили, что планируют закрыть минимум три завода в Германии для сокращения расходов. Также в компании хотят сократить зарплаты на 10% на основных предприятиях.Так ли плохо идут дела у Volk... |
| 30.04.2024 | Qingdao-Germany Economic, Trade, Cultural and Tourism Exchange Meeting Held in Stuttgart, Germany | QINGDAO, China, April 30, 2024 /PRNewswire/ -- The Qingdao-Germany Economic, Trade, Cultural and Tourism Exchange Meeting kicked off in Stuttgart, Germany on April 25, hosted by the Qingdao Municipal People's Government, and organized by th... |
| 21.04.2023 | Premium Seating Company Recaro Celebrates 60 Years, Ready For EVs | Recaro seats in the 2024 Ford Mustang.Simari Photography LLC |