About Us
Delivering Safe and Efficient Solutions
Stoneridge, Inc. (NYSE:SRI) is a global supplier of safe and efficient electronics systems and technologies. Its solutions power vehicle intelligence, while enabling safety and security for on-and off-highway transportation sectors around the world. The Company operates in three segments – Control Devices, Electronics, and Stoneridge Brazil – each positioned for long-term success in the transportation industry.
Control Devices
Products that monitor, measure, or activate critical vehicle functions for the passenger vehicle end market.
Electronics
Advanced driver assistance products, vision systems, and connectivity and compliance solutions for the commercial truck, bus, and off-highway end markets.
Stoneridge Brazil
Vehicle tracking devices and monitoring services, driver information systems, and telematics solutions for the commercial vehicle end market, as well as aftermarket multimedia and alarms for the South American passenger vehicle end market.
Working at Stoneridge
Join a collaborative team focused on innovation and results.
Global Footprint
We serve customers from 15 countries located on five continents.
Core Values
- Integrity
- Adaptability
- Accountability
- Customer Orientation
- Social Responsibility
- Teamwork
Company Timeline
1960s
- Company founded in Warren, Ohio in 1965 by D.M. Draime, as a contract manufacturing business serving the automotive market. Draime remained Chairman of the Company’s Board of Directors until his death in 2006.
1980s
- Acquires Boston-based Joseph Pollak Corporation, a manufacturer of electronic and electromechanical switch products, in 1988. Pollak traces its automotive roots to supplying two-pole connectors to Ford Motor Company on the Model T.
1990s
- Acquires Transportation Electronics Division of General Instruments, a manufacturer of power conversion modules and sophisticated instrumentation components in 1992. Located in El Paso, Texas and Juarez, Mexico, acquisition serves as the foundation of company’s present-day electronics business
- Acquires Kelsey-Hayes power door lock actuator business unit in 1995. Business relocates from Brighton, Michigan to Boston, merging with existing four-wheel drive actuator and fuel valve production within the Pollak division.
- Acquires approximately 45% of Berifors AB in 1996, a Swedish manufacturer of electronic display pedals and instrumentation for European truck and CV markets.
- Completes IPO on the New York Stock Exchange in October 1997, (NYSE: SRI).
- Acquires remaining 55% of Berifors in 1997 (later renamed Stoneridge Electronics), establishing company’s European presence in vehicle electronics.
- Enters into 50% JV agreement with PST Amazônia S.A. in Brazil in 1997, providing a platform for expansion in South American market.
- Acquires Hi-Stat Manufacturing Co., Inc. in 1998, a supplier of vehicle sensor and switch products with plants in Lexington, Ohio and Sarasota, Florida. Marks the largest acquisition in Stoneridge’s history, enabling a full portfolio of electrical systems capabilities.
- Acquires assets from a division of Delta Schoeller Limited in 1999 (later renamed Stoneridge Pollak Limited), based in the UK, for European market growth of switch, actuator and sensor products.
- Acquires TVI Europe, Ltd. (later renamed Stoneridge Electronics Limited), based in Dundee, Scotland, providing company with products, expertise and customer base expansion of transport monitoring devices for commercial vehicles.
2000s
- Establishes JV with New Delhi-based Minda Group in 2004 to meet the growing market for electronic instrumentation and vehicle information management systems in Asia.
- Opens sales office in Shanghai, China in 2004 to manage existing supplier base and secure alternative supply sources of components for manufacturing operations.
- Establishes new subsidiary in Suzhou, China in 2005 for the manufacture of sensors, switches, electronic instrumentation and other related electromechanical products.
- Acquires 51% equity interest in Bolton Conductive Systems LLC in 2009, an electrical system supplier based in Walled Lake, Michigan.
- Acquires additional 24% ownership of PST Eletrônica S.A. in 2009, a Brazilian electronic system provider At the conclusion of the transaction, Stoneridge’s ownership interest in PST increases from 50% to 74%.
2010s
- Acquires Motometer GmbHB in 2014, a German distributor of tachographs, accessories, and Motodrive analysis software.
- Divests wiring business in 2014 to Motherson Sumi Systems Ltd.
- Relocates headquarters from Warren, Ohio to Novi, Michigan in 2016.
- Acquires Orlaco Products BV in 2017, designer and manufacturer of camera-based vision systems, monitors and related products for on- and off-highway sectors.
- Acquires remaining shares for 100 percent ownership of PST Eletrônica in 2017.