LECTRA: Lectra and Faurecia renew their partnership

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
71
LECTRA: Lectra and Faurecia renew their partnership agreement

FOR IMMEDIATE RELEASE

Lectra and Faurecia renew their partnership agreement

Lectra contributes to Faurecia Seating Business Group Industry 4.0 readiness and "digital enterprise" transformation initiative

Paris, September 26, 2017 - Lectra, the world leader in integrated technology solutions dedicated to industries using fabrics, leather, technical textiles and composite materials, is pleased to announce the renewal of its partnership with Faurecia through the signing of a global agreement for its Seating Business Group.

The cutting process for the production of seat covers, headrests and interiors is an increasingly strategic part of Faurecia's Seating activity. Faurecia Seating supplies vehicle complete seats, frames, mechanisms and trim covers to major carmakers worldwide, whose manufacturing processes are gradually evolving toward Industry 4.0.

Faurecia Seating aims to double the production of its existing manufacturing facilities by reinforcing operations with advanced manufacturing technologies. The company's extended partnership with Lectra entails focusing on operational excellence initiatives across its automotive seating division.

Standardization of the Vector ® fabric-cutting solution-endowed with preventive and predictive maintenance capabilities and the highest-performance cutting system available on the market to date-will be instrumental to the implementation of these initiatives throughout the division's fabric cutting facilities. Faurecia currently has more than 60 Vector fabric cutting solutions in production worldwide.

"More than ever, we face major challenges in terms of flexibility, agility and productivity-producing more while reducing costs," observes Hagen Wiesner, Executive Vice President, Faurecia Seating. "Our cutting processes have become strategic in reaching these goals. Faurecia's 'digital enterprise' project aims to achieve operational excellence in virtually every aspect of our organization. Together with Lectra, we will make this a reality in the cutting room, with smart automation and predictive maintenance"

"Given the profound transformations gripping manufacturing, helping our customers ready their operations for the Fourth Industrial Revolution has become without question our core mission," remarks Daniel Harari, Lectra Chairman and CEO. "Faurecia is among the automotive suppliers at the forefront of this movement. Digital technologies and industry expertise are the business enablers that will allow manufacturers to connect inside and outside the value chain in the near future."

® Vector is a registered trademark of Lectra.

About Faurecia

Faurecia is one of the world's largest automotive equipment suppliers, with three key Business Groups: Seating, Clean Mobility and Interiors Systems. In 2016, the Group posted total sales of €18.7 billion. At December 31, 2016, Faurecia employed 100 000 people in 34 countries at 300 sites and 30 R&D centers. Faurecia is listed on the NYSE Euronext Paris stock exchange and trades in the U.S. over-the-counter (OTC) market.

For more information, visit www.faurecia.com

About Lectra

Lectra is the world leader in integrated technology solutions (software, automated cutting equipment, and associated services) specifically designed for industries using fabrics, leather, technical textiles, and composite materials to manufacture their products. It serves major world markets: fashion and apparel, automotive, and furniture as well as a broad array of other industries. Lectra's solutions, specific to each market, enable customers to automate and optimize product design, development, and manufacturing. With more than 1,600 employees, Lectra has developed privileged relationships with prestigious customers in more than 100 countries, contributing to their operational excellence. Lectra registered revenues of $288 million in 2016 and is listed on Euronext.

For more information, please visit www.lectra.com

Contact - Lectra Headquarters / Press Dept.: Nathalie Fournier-Christol E-mail: n.fournier-christol@lectra.com Tel.: +33 (0)1 53 64 42 37 - Fax: +33 (0)1 53 64 43 40

Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...083d2c9f30

Scroll down for more posts ▼

Top 10 Most Recent News Articles

CSS Revamps Identity, Emphasizing Senior Living Tech

Updated Category News Views 5

CSS Takes a Bold Step with a Fresh Brand Identity Every now and then, you see a company shake off the old coat and put on a polished new one. That's what CSS is doing with its updated brand, staking its claim as a heavyweight tech player in the senior living sector. No small feat, given the challenges stacked against these aging communities—tasked with keeping...

Continue Reading
BMAP Expands: Bridging Borders in Legal Advocacy

Updated Category News Views 5

Breaking Down BMAP's Unique Approach Just when you thought you've seen it all, along comes LMU Loyola Law School swinging the doors wide open with their Binational Migrant Advocacy Project, or as we’re affectionately calling it, BMAP. It's a mouthful, sure, but ain't it something? This project isn't just another feather in academia's cap—it's a relentless counterpunch...

Continue Reading
Perk's U.S. Expansion: A Bold Move in Spend Control

Updated Category News Views 7

Perk Aims for U.S. Growth: Will It Pay Off? Amidst the cacophony of market chatter, Perk's announcement to bring its spend platform stateside is echoing louder than usual. This move is not just another step in its expansion but rather a leap considering the competition and market needs. In Europe, where they've already captured a chunk of the market with their Travel and...

Continue Reading
Lumicell Expands LumiSystem in Breast Cancer Surgery

Updated Category News Views 7

Innovation in Breast Cancer Surgery: A Real-World Game Changer? You’ve got your flashlight guiding a scared child through the dark, and in the healthcare world, Lumicell is promising to do just that for surgeons navigating the tricky maze of breast cancer surgery. Their LumiSystem is making waves in breast-conserving surgery—new kid on the block with a real chance at...

Continue Reading
NOAA Taps ICEYE US for Game-Changing SAR Satellite Data

Updated Category News Views 7

The Strategic Move to SAR Data Imagine this: You’re in the thick of a hurricane, where visibility goes out the window, and traditional satellite data chokes under the crushing weight of clouds and nightfall. That's the precise chaos ICEYE US is cutting through with its Synthetic Aperture Radar (SAR) technology. The latest scuttlebutt is that NOAA's getting cozy with...

Continue Reading
TWP & Commbi Unveil Exclusive Pony Clog Collaboration

Updated Category News Views 5

A Fusion of Fashion and Functionality Walk down the streets of New York or hustle your way through an airport without worrying about your footwear weighing you down. That's the promise coming from the fresh alliance between TWP and Commbi with their new Pony Clog Collaboration. A blend of high fashion and everyday utility, these clogs aren't just keeping up with the...

Continue Reading
Alcott HR's Sales Strategy Gets a Boost with New Hire

Updated Category News Views 9

Alcott HR Ramps Up Sales Firepower Now here's something fresh from the world of human resources outsourcing—Alcott HR has grabbed a new ace for their sales team. Eldin Radoncic is the name you'll want to remember, folks, because he's diving headfirst into the Director of Sales seat at this IRS Certified and ESAC Accredited player based out in good old Farmingdale, New...

Continue Reading
RxWellness Hits Inc. 5000—Four Straight Wins Impress

Updated Category News Views 6

RxWellness Spine & Health Continues to Impress Well, not many companies can boast about snagging a spot on the Inc. 5000 list four years in a row, but here we are with RxWellness Spine & Health doing just that. Sitting pretty at No. 1,230 nationally—and that's no small feat—these folks are making waves in the healthcare industry. Securing the No. 135 spot in...

Continue Reading
Robotics in Cleaning: 2026 Sees Double Adoption Rates

Updated Category News Views 4

Cleaning Industry Eyes Robotic Solutions Amid Labor Squeeze In a twist that's got industry veterans nodding knowingly, the cleaning industry is tipping towards automation. The recent 2026 Building Service Contractor Market Study reveals a massive leap: 32% of building service contractors (BSCs) plan to embrace robotic floor equipment in the coming year. That's a...

Continue Reading
Citrine Finalizes Sale of Illinois Senior Living Asset

Updated Category News Views 7

Citrine's Strategic Exit from River Glen Every now and then, you see a company pull off something that makes you nod and say, "That was smart." Citrine Investment Group's sale of River Glen of St. Charles fits that bill. For those keeping tabs, this wasn't some quick flip—Citrine worked on the rock for a good while before cashing in. They secured River Glen back in...

Continue Reading

Top 5 Most Recently Viewed Articles

Market Overview: Notable Stocks Dip Ahead of Trading

Updated Category News Views 95

Market Trends Impacting Major Stocks This morning, the U.S. stock futures displayed mixed signals, with the Dow futures taking a step back, dropping around 50 points. Baidu's Market Performance Baidu, Inc. (NASDAQ: BIDU) experienced a significant decline during the pre-market hours, with shares falling by 2.6% to $101.08. This downturn follows disappointing response to...

Continue Reading
XPLR Infrastructure Investors: Important Class Action Update

Updated Category News Views 122

Class Action Lawsuit for XPLR Infrastructure Investors Attention to all investors who purchased units of XPLR Infrastructure, LP, formerly known as NextEra Energy Partners, LP (NYSE: XIFR). Recently, a significant class action lawsuit has been initiated by Wolf Haldenstein Adler Freeman & Herz LLP. This legal action concerns individuals and entities who have experienced...

Continue Reading
Atos Partners with Invictus Games for a Transformative Experience

Updated Category News Views 258

Atos Partners with Invictus Games for a Transformative Experience Atos, recognized as a leader in digital transformation, has been appointed as the Official Technology Partner for the Invictus Games Vancouver Whistler 2025. This exciting partnership signifies a commitment to providing advanced Timing, Results, and Scoring Solutions to enhance the games slated for...

Continue Reading
California Water Service Group Addresses Rate Increase Proposal

Updated Category News Views 169

Significant Water Rate Adjustment Initiative by California Water Service In a recent step to enhance the quality of water service, California Water Service Group's subsidiary Washington Water Service has approached the Washington Utilities and Transportation Commission to request an increase in water rates. This decision comes in light of the company’s investment of...

Continue Reading
Provident Industrial Completes Sale of Key Logistics Facility

Updated Category News Views 105

Provident Industrial Sells Building III at Gateway Logistics Park Provident Industrial, a division of Dallas-based Provident, has finalized the sale of Building III at Gateway Logistics Park. The buyer is EQT Exeter, a global real estate firm with a wide-ranging portfolio that spans logistics, industrial, and residential assets across multiple continents. The transaction...

Continue Reading