Schaeffler Opens Silicon Valley Office

Schaeffler Opens Silicon Valley Office

SAN JOSE, Calif., March 15, 2018 /PRNewswire/ -- Global automotive and industrial supplier, Schaeffler, today announced the opening of a new Silicon Valley location. The facility, located at 1735 Technology Drive, Ste. 175, in San Jose, Calif., establishes Schaeffler's foothold in this leading tech region.

Philip George, director, region innovation for Schaeffer, will lead the new office. In his new role, George will lead the local team in fostering new relationships with local disruptors, start-up companies and potential technology partners that will further facilitate Schaeffler's advanced automotive and industrial product developments. The team will also work to define and develop new tools and methods that will further enable the company to quickly advance new technology solutions.

"Only those with a precise understanding of their customers' requirements can offer tailored solutions," said George. "With its close proximity to tech-driven companies and start-ups, our new Silicon Valley facility enables us to not only stay current with transformational technology trends created in this region, but to become an active partner to the companies driving these trends."

As Schaeffer establishes its presence in the region, the company strives to further evolve its digital agenda, which is working to actively tackle and help shape issues of the future, such as Industry 4.0, the Internet of Things, big data, cloud analytics and new business models.

"We're prepared to engage in the forward-thinking efforts needed to provide our customers and partners with innovative and comprehensive system solutions for tomorrow's automotive and industrial needs," said George.

"As technologies and innovative breakthroughs continue to develop at a rapid pace and change the world's mobility culture, our move to Silicon Valley will further strengthen our strategy 'Mobility for tomorrow,'" said Prof. Peter Gutzmer, deputy CEO and chief technology officer at Schaeffler. "The development of new opportunities and technologies in this region will further enable us to come up with innovative solutions in order to be a preferred technology partner to our customers, today and in the future."

About Schaeffler
The Schaeffler Group is a global automotive and industrial supplier. Top quality, outstanding technology, and exceptionally innovative spirit form the basis for the continued success of the company. By delivering high-precision components and systems in engine, transmission, and chassis applications, as well as rolling and plain bearing solutions for a large number of industrial applications, the Schaeffler Group is already shaping "Mobility for tomorrow" to a significant degree. The technology company generated sales of approximately EUR 14 billion in 2017. With more than 90,000 employees, Schaeffler is one of the world's largest family companies and, with approximately 170 locations in over 50 countries, has a worldwide network of manufacturing locations, research and development facilities, and sales companies.

Schaeffler is a recognized development partner for global automakers and suppliers. To serve the North American automotive market, Schaeffler operates development centers in: Troy, Mich.; Fort Mill, S.C.; Wooster, Ohio; and Puebla, Mexico. The company's 600 North American engineers and technicians, who are supported by a team of more than 6,700 global R&D engineers, drive development in the region by utilizing state-of-the-art test and measurement equipment, computational tools and CAD systems. Schaeffler Automotive has headquarters in Fort Mill and manufacturing facilities in: South Carolina; Missouri; Ohio; Ontario, Canada; Puebla and Irapuato, Mexico. For more information, please visit www.schaeffler.us.

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CONTACT: Lynn Kier, Vice President Communications and Marketing, Schaeffler Group USA Inc., Fort Mill, SC, USA, Tel. (803) 578-2929, email: lynn.kier@schaeffler.com

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SOURCE Schaeffler