Preh Wins Top Novi Business Award

NOVI, MI, February 01, 2013 (Press-News.org) Preh, Inc., a leading global provider of automotive electronic driver control systems and sensors based in Novi, Mich., was named a winner of a Novi Business Recognition Award, as announced by the sponsors of the awards—the City of Novi, the Novi Chamber of Commerce and the Rotary Club. Preh's North American headquarters has been in Novi for 10 years, and the company was cited as the "Best Place to Work," based on the award criteria for the small business category.

Nick Lontscharitsch, president of Preh, Inc., received the award from Novi Mayor Bob Gatt in a "Toast of the Town" gala held Friday evening January 25 in the Suburban Collection Showplace in Novi.

"Preh is honored to have been awarded the 'Best Place to Work' Business Recognition Award, and this reflects not only on our success as a Novi-based company but also on our reputation of being a great company to work for," Lontscharitsch said. "At Preh we strive to offer our employees an outstanding work environment, as well as exceptional opportunities for achievement and career growth. A collaborative spirit and shared vision are the foundations for our values-based culture.

"As we begin 2013," Lontscharitsch added, "the passion that our colleagues have shown for each other, the company and our customers will continue to be reflected in Preh's development of innovative automotive products coupled by further growth in the global marketplace."

Last November, Preh was recognized as a "Cool Place to Work in Michigan" for 2012, by Crain's Detroit Business magazine - an initiative designed to find and recognize Michigan's best employers. Preh was one of a group of 50 companies in Michigan that were selected from hundreds of applicants large and small.

Preh is well-known for its innovative products, quality execution and responsive customer service. This is reflected in a shelf full of prestigious awards from OE partners and industry experts: Automotive News' PACE Award (2006) and finalist (2007), DAF Euro 4 System Supplier Award (2006), GM Global Supplier of the Year (2005, 2006, 2007, 2008), Hitachi Top 10 Supplier Award (2008), ZF Top Supplier Award (2010) and the Claas Award for the Supplier of the Year (2011). This year, the company has again been named a PACE Award finalist, and will be featured in a gala award ceremony in April.

About Joyson/Preh

Preh is owned by the Joyson Group of Ningbo, China, an automotive supplier that also operates a real estate division. With a staff of about 5000, the group generated total sales of CNY 6 billion in 2012. The automotive activities are combined in the exchange-listed company Joyson Electronics, which consists of the business divisions Automotive Electronics (Preh) and Automotive Components (Joyson). The automotive electronics supplier Joyson was founded in 2004, while Preh, founded in 1919, boasts a company tradition of almost 100 years.

Preh is a global automotive supplier with 3,200 employees in Germany, Portugal, Romania, Mexico, the U.S.A. and China. The company's head office is located in Bad Neustadt a. d. Saale. Preh's development and manufacturing expertise focus on air conditioning and driver control systems, electronic control devices, sensors and assembly systems for the world's major automotive manufacturers.

Founded in 1919, Preh is a globally operating group of enterprises with more than 3,000 employees. The company is headquartered in Bad Neustadt a.d. Saale, Germany. Preh's development and production competencies focus on vehicle interior control systems, sensor systems, electronic control units and assembly systems for the world's leading vehicle manufacturers.

Apart from the parent manufacturing and development center in Bad Neustadt, Preh oversees manufacturing facilities in Portugal, Mexico, Romania and China, as well as a customer support center headquartered in Novi/Detroit, U.S.A. Preh achieved revenues of approximately EUR460 million in 2012. For more information, please visit: http://www.preh.com.