December 19, 2014 11:47 PM ET

Auto Components

Company Overview of Key Safety Systems, Inc.

Company Overview

Key Safety Systems, Inc. designs, develops, and manufactures automotive safety-critical components and systems for automotive and non-automotive markets worldwide. The company offers inflatable seatbelts, airbags, inflators, seatbelts, steering wheels, and electronics. It serves original equipment customers in heavy truck and bus, construction and agriculture, exotic automobile, military vehicle, recreational/utility vehicle, and automotive aftermarket segments; and non-automotive businesses, including military and commercial vehicles. The company was formerly known as BREED Technologies, Inc. and changed its name to Key Safety Systems, Inc. in September 2003. Key Safety Systems, Inc. was fo...

7000 Nineteen Mile Road

Sterling Heights, MI 48314

United States

Founded in 1987

16,300 Employees

Phone:

586-726-3800

Fax:

586-726-4150

Key Executives for Key Safety Systems, Inc.

Chief Executive Officer
Chief Financial Officer and Senior Vice President of Specialty Business Unit
President of Key Plastics LLC and Chief Operating Officer - Key Plastics LLC
President of Safety Products Business Unit
President of Seat Belts and Steering Wheels Division
Compensation as of Fiscal Year 2014.

Key Safety Systems, Inc. Key Developments

Key Safety Systems Reportedly Increases Stake In KSS-Abhishek Safety Systems

Key Safety Systems, Inc. is said to have raised its stake in KSS-Abhishek Safety Systems Pvt. Ltd. According to the news report, Key Safety Systems has acquired additional 15% stake in KSS-Abhishek Safety Systems to raise the holdings to 65% from 50%.

Key Safety Systems Announces Plans to Increase Production Capacities in Europe

Safety Systems, or KSS, has announced its plans to increase its production capacities in Europe, through an investment in Macedonia. The plan consists of launching a Brownfield operation in late 2014, followed by a Greenfield operation in mid-2015. The targeted location is the city of Kichevo. The initial phase of the investment is focused on airbag cushion manufacturing and will create 800-1,000 new jobs. The site is capable to allow significant future expansion of this product line as well as other products and services in the future.

Key Safety Systems Introduces Kss Inflatabelt Product in China

Key Safety Systems has announced that it will introduce KSS Inflatabelt product in China.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 29, 2014
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