SOURCE: Gentex Corporation
ZEELAND, MI--(Marketwire - Aug 8, 2012) - Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors and camera-based driver-assist systems for the automotive industry, commercial fire protection products and dimmable aircraft windows, announced that the Company was recently presented with a Volkswagen Group Award at an award ceremony in Copenhagen, Denmark. Gentex was one of only 18 global suppliers and the only U.S. company to receive the award.
According to Volkswagen, the Volkswagen Group Award is presented to the car company's best suppliers for entrepreneurial performance. Main criteria for the award include innovative strength, product quality, development expertise, competent project management, initiatives to improve efficiency and environmental compatibility.
Gentex Chairman of the Board and Chief Executive Officer Fred Bauer attended the ceremony in Denmark. "This is a very prestigious award in the automotive industry," stated Bauer. "Gentex engineers, program managers, sales teams, and production associates all share in this recognition. We were able to design and produce high-quality products that met the multiple needs of VW and I'm proud to share this award with all Gentex employees globally."
Founded in 1974, Gentex Corporation is the leading supplier of automatic-dimming rearview mirrors and camera-based driver-assist and lighting-assist systems to the global automotive industry. The Company also provides commercial smoke alarms and signaling devices to the North American fire protection market, as well as dimmable aircraft windows for the commercial, business and general aviation markets. Based in Zeeland, Michigan, the international Company develops, manufactures and markets interior and exterior automatic-dimming automotive rearview mirrors that utilize proprietary electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. More than half of the Company's interior mirrors are sold with advanced electronic features, and more than 98 percent of the Company's net sales are derived from the sale of auto-dimming mirrors to every major automaker in the world.