ERJ staff report (PR)
Denver, Colorado - Growing global demand for tire pressure monitoring system (TPMS) technology has prompted Schrader International to invest $15 million (€11 million) to expand the capacity of its Springfield, Tennessee production facility.
The spend on the newly installed equipment and facility expansion will increase the location's production capacity by more than 50%, and create an additional 100 new high-tech manufacturing jobs.
The move is in response to the adoption of TPMS legislation in Europe, Russia and in several Asia-Pacific countries, and growth among US vehicle manufacturers. The company aims to almost double its manufacturing capacity and capabilities both in the US and internationally to keep pace with demand.
Schrader also announced that it had now produced 300 million TPMS sensors for use on cars and light trucks sold in the US, Europe and several Asia-Pacific countries.
According to the company, its sensors are fitted on over half of all vehicle platforms equipped with direct TPMS technology worldwide.
”Our lead position has translated into hundreds of new jobs globally and has significantly scaled our production levels,” said Hugh Charvat, president and CEO of Schrader. “The manufacturing significance of our 300 millionth sensor and expansion of our Springfield facility are directly tied to the global growth of TPMS as a standard safety feature.”