VC Visteon Corporation

Visteon Expands Technical Expertise with Opening of New Technical Center for Climate Control Development in Czech Republic NOVY JICIN, Czech Republic, July 22 /PRNewswire-FirstCall/ -- Visteon Corporation (NYSE:VC) has strengthened its technical capabilities in the Czech Republic by opening a technical center in the Czech Republic to provide engineering solutions for climate control and engine cooling components and systems and lighting. The new facility, which opened July 1, is located at Visteon's Autopal subsidiary in Novy Jicin, Czech Republic. (Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) The technical center, representing a $1.5 million investment, is adjacent to a climate control production plant. The new 1,000 square-meter facility houses climate control product planning, core development, product design, process engineering, simultaneous engineering and engineering change teams as well as a prototype shop. Product development covers a wide range of components with a focus on fluid transport and heat exchangers. In total, around 100 engineers and technicians are located at the new technical center. Visteon's Autopal subsidiary has operated a smaller technical center in Novy Jicin since 1993, which was consolidated into the new facility. The new tech center illustrates Visteon's increasing role as a supplier of climate control systems to car manufacturers across Europe. "Our decision to expand the current development and engineering capacities in the Czech Republic supports our strategy to further grow our climate control business in Europe," said Dr. Heinz Pfannschmidt, Visteon's executive vice president and president, Europe and South American operations. "Not only has our Autopal subsidiary demonstrated that it complies to Visteon's highest quality standards in both engineering and production, but the Czech team has fostered support and networking with other locations including Visteon's climate control center of excellence in Kerpen, Germany, and Visteon's powertrain and engine cooling tech center in Basildon, U.K.," Pfannschmidt said. Pfannschmidt attended the inauguration ceremony for the new center with Dr. Karl Krause, Visteon's manufacturing vice president for Europe and South America. Visteon, through its Autopal subsidiary and its more than 4,400 employees, has gained a very strong position in the Czech Republic. Its production facilities are located in Novy Jicin, Rychvald and Hluk. Its aftermarket trade subsidiary is in Prague, and the aftermarket Central Eastern European warehouse is located in Novy Jicin. A customer sales office for Skoda is located in Mlada Boleslav. Visteon Corporation is a leading full-service supplier that delivers consumer-driven technology solutions to automotive manufacturers worldwide and through multiple channels within the global automotive aftermarket. Visteon has about 72,000 employees and a global delivery system of more than 200 technical, manufacturing, sales and service facilities located in 25 countries. http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO DATASOURCE: Visteon Corporation CONTACT: Britta Lange of Visteon Corporation, (+49)-2273-575-2667, Web site: http://www.visteon.com/

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