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Schrader Recognized with “Robertson County Chamber of Commerce Industry of the Year” Award

Ribbon-Cutting at Newly Expanded Facility in Springfield, Tennessee a Success

DENVER--(BUSINESS WIRE)--Schrader, the leading global manufacturer of sensing and valve solutions, today announced that the company was recognized with the Robertson County Chamber of Commerce Industry of the Year Award on May 2, 2013 for their business contributions to the local Tennessee economy. The award was granted a day after a ribbon-cutting ceremony to celebrate the opening of its newly expanded manufacturing facility in Springfield, Tennessee. This upgraded facility is the result of a $10 million capacity investment from Schrader, announced earlier this year.

“It is my pleasure to congratulate Schrader for winning the Robertson County Industry of the Year Award. Schrader has continued to foster economic opportunities for the community through the expansion of the Springfield facility, which is creating good jobs right here in Tennessee’s 6th District”

“It is my pleasure to congratulate Schrader for winning the Robertson County Industry of the Year Award. Schrader has continued to foster economic opportunities for the community through the expansion of the Springfield facility, which is creating good jobs right here in Tennessee’s 6th District,” said Rep. Diane Black.

The event was widely attended by local supporters of Schrader and the Springfield facility. In addition to U.S. Congresswoman Diane Black (R-TN), key staff from the Tennessee Department of Economic and Community Development, the Tennessee General Assembly, the Tennessee Valley Authority, Robertson County Mayor Howard Bradley and staff members from the offices of U.S. Senator Bob Corker (R-TN) and U.S. Senator Lamar Alexander (R-TN) attended the event.

Hugh Charvat, President and CEO, also attended the event, along with additional members of Schrader’s management team. “We are honored and excited to accept this award. To us, it’s a clear indicator of the success and capabilities of our employees in Springfield, our leading technology and business growth, as well as the support we receive from the local Robertson County community. We are thrilled to continue to work with local officials within the community to spur and support economic growth through our commitment in the region.”

With this investment, Schrader has created 76 new, high-tech manufacturing jobs this year and will add approximately 100 additional positions in the coming year with a second, additional manufacturing line. This newly installed manufacturing line is a direct result of continued Tire Pressure Monitoring System (TPMS) volume growth amongst all domestic vehicle manufacturers, as well as an increased service and repair demand for replacement sensors in the automotive aftermarket. Schrader is currently the only global manufacturer of complete, vertically-integrated TPMS systems for the automotive industry.

For more on Schrader’s TPMS technologies, please visit: www.SchraderInternational.com.

About Schrader®

Schrader is the leading global manufacturer of sensing and valve solutions for automotive and industrial leaders, delivering solutions that protect and perform. Schrader is a pioneer in tire pressure monitoring systems (TPMS), a vehicle safety feature that is now standard on all cars and light trucks sold in North America and growing in use globally, and is the leading supplier of TPMS sensors, valves, tools and training worldwide. Schrader is also widely known as the inventor of the industry-standard pneumatic tire valve − the very same valve used on every motor vehicle in the world today.

Contacts

Schrader International, Inc.
Paul Wise, 303-801-0434
Director – Product Line Management & Marketing
pwise@schraderintl.com