Cadence Innovation LLCWe combine people, processes and technology to make our customers' products faster, lighter, stronger, better, and at a lower cost. We combine the capabilities of a large, global enterprise with the agility and passion of a start-up. A new company, with new ownership and new management, Cadence Innovation has acquired the assets of Venture Industries, including Peguform Bohemia. We are a Tier 1 supplier of innovative design, engineering and manufacturing solutions to the global automotive industry. EmployeesMore than 4,200FacilitiesCadence Innovation operates 17 facilities; in the United States and the Czech Republic, but as the industry changes, we have the resources in place to quickly meet the demands of our customers wherever they operate.CustomersDaimlerChrysler, Ford, General Motors, Toyota, Nissan, PSA Peugeot Citroen, VW, Audi, Skoda, Isuzu, Suzuki, Sumitomo
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Annual Revenue$1 Billion 2005Our Product Centers offer industry leadership in the design, development and manufacture of:
Financial BackgroundThe company's primary owners are large investors with total resources of approximately $8 billion, led by Harbinger Capital Managment and Yucaipa Companies. These investors and others actively sought to acquire the assets of the former Venture Industries, making an equity investment of over $185 million.Process IntegrationPeople whose wealth of knowledge and experience covers every aspect of the process manage every project. These product development teams combine design, engineering and project management disciplines. This vertical integration creates a flow where one part of the process moves seamlessly into the next from concept through to reality. |
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