Press Releases, 16.04.2013

Preh named Finalist in 2013 Pace Award Competition

NOVI, Mich. – Preh, Inc., a subsidiary of the global automotive supplier Preh, is a finalist in the prestigious 2013 Automotive News’ PACE Awards, which recognize superior innovation, technological advancement and business performance among suppliers that contribute products, processes, materials or services directly to the manufacture of cars or trucks.

Accepted around the world as the industry standard of innovation, Preh won the PACE designation this time for its fanless interior temperature sensor. Sensors to measure cabin temperatures have traditionally needed fans. Preh’s fanless sensor uses a thermistor array—electronics whose resistance changes with temperature fluctuations—and software. The innovation is less expensive and more durable than a ventilated sensor, and can be built into the climate control system or placed in the cabin.

Preh, whose worldwide headquarters is in Bad Neustadt a.d. Saale, Germany, was a finalist in the PACE Product category, which recognizes innovations or the first commercialization for new products/services that have significant market impact and act as “game changers” in the automotive industry. Preh was previously named a European winner in this category in 2006, and a finalist in 2007.

The Automotive News PACE Award also recognizes suppliers’ superiority in two additional categories: Manufacturing Process and Information Technology. 

Preh, along with other Automotive News PACE Award candidates, has undergone an extensive review process–including a site visit–by industry, academic and business leaders to select the award winners that were announced on 15th April at a gala ceremony at the Max M. Fisher Music Center in Detroit. For complete details of the 2013 Automotive News PACE Award, including a listing and profile on Preh, visit http://www.autonews.com/Assets/html/pace_award/.

Besides being suppliers to the auto industry, the Joyson group of companies, Ningbo (China), also includes a real estate division—with some 6,000 employees—and made total sales of 6 billion CNY in 2012. Its automotive activities are bundled in Joyson Electronics, which is listed on the stock exchange and consists of the automotive electronics (Preh) and automotive components (Joyson) business areas. Joyson was founded as a supplier to the automobile industry in 2004, whereas Preh has a company tradition that’s almost a century old, having been founded in 1919. A majority holding in Preh was acquired in 2011, and Preh has been a wholly-owned subsidiary of Joyson Electronics since late 2012. 

Preh is a globally oriented supplier to the automobile industry, with more than 3,200 employees in Germany, Portugal, Romania, Mexico, the USA and China. The company is based in Bad Neustadt an der Saale, Germany. Preh’s development and manufacturing skills are concentrated on climate control, driver controls, electronic control units, sensors and assembly systems for well-known automakers.