ZF is a global leader in driveline and chassis technology as well as active and passive safety technology. The company acquired TRW Automotive on May 15, 2015 which was integrated into the organizational structure as the Active & Passive Safety Technology Division. The combined company has a global workforce of around 138,300 at about 230 locations in some 40 countries and reported sales of €29.2 billion ($31.8 billion) in 2015. ZF drives the substantial trends for the future in both automotive and industrial technology. ZF has attractive drive solutions for the oil and gas industry which are presented currently at the OTC in Houston.
North America is one of the most important markets for ZF, already accounting for about 28 percent of the Group's sales. Due to the rapid developments in many industry sectors, North America and particularly the U.S. are among the strategic future markets. In 2015, ZF achieved a sales figure of €8.1 billion ($8.8 billion) in North America, the majority of which is attributed to the US with €6.8 billion ($7.4 billion). All in all, the Group has 31,600 employees in North America out of which 13,000 work in the U.S.
With its digital know-how and electronics expertise, ZF is able to turn powerful mechanical systems into smart systems. This enables ZF to shape and advance the automotive megatrends safety, efficiency and autonomous driving to a great extent. By providing "intelligent mechanics", ZF also profits from the current trend towards digitization in industrial technology: Even in the digital age, industry cannot do without well-proven mechanical systems. This opens up new opportunities for intelligent systems and products manufactured by ZF.
Livonia becomes the headquarters of ZF North America
In the course of integrating ZF TRW, ZF has made its first location decision: The current headquarters of ZF TRW in Livonia, Michigan, has become ZF's headquarters for North America in April 2016. Administrative tasks, previously handled both in Northville and Livonia, will be bundled in Livonia. At the same time, ZF's location in Northville, Michigan, which is about 20 minutes drive from Livonia, will serve as a central sales and engineering center. Bringing together the administrative tasks of ZF and ZF TRW in North America is another important milestone in the integration process.
Livonia thus becomes the head office of the Senior Management Team of ZF North America and of Dr. Franz Kleiner, member of ZF's Board of Management responsible for North America and CEO of ZF TRW. In addition, Kleiner assumed management of ZF North America on April 1, 2016. The current president of ZF North America, Julio Caspari, retired at the end of March after being with ZF for more than 40 years.
ZF in the oil and gas industry
In the oil and gas industry, ZF is a reliable partner for transmission systems. It provides comprehensive system solutions all from a single source. The transmission components are perfectly harmonized with one another. The range of available power and performance is, in each case, tailored to the specific demands of the market and manufacturers. The result: every ZF transmission system is a brand name product known for its reliability around the world.