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Key Safety Systems is among the automotive industry’s leaders
in the design and production of airbags, seatbelts. Steering wheels
and fully integrated safety systems. Its products are used in
more than 300 vehicle models produced by over 45 automobile manufacturers
throughout North America, Europe and Asia. Key Safety Systems’
customers include General Motors, DaimlerChrysler, Ford, Fiat,
Hyundai, PAS, Volkswagen and many others. Key Safety Systems’
global outreach consists of 32 manufacturing, technical and sales
facilities located in 12 countries. The company has operations
in seven states in the U.S.
Collectively, the Key Automotive Group companies,
led by B. Edward Ewing. Chaiman and CEO of Key Safety Systems
and Key Plastios, have more than $1.7 billion in sales and 14,000
employees, with operations in 15 countries in North America, Europe
and Asia and ten states in the U.S. The companies comprising the
Key Automotive Group look for tier one and tier two businesses
that have a leading market share in their products and services
but less than optimal financial results. This provides a plattorm
upon which the Carlyle Management Group may instill a sound finanoial
base and implement principles of long-term oversight foousing
on lowering costs, innovation, quality and production.
The Principals of CMG have extensive operations
and investment experience in the automotive, aerospace, defense
and heavy manufacturing industries. CMG is part of The Carlyle
Group, one of the largest private equity firms in the world managing
nearly $16 billion-of capital.
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