Adient

{{Infobox company

| name = Adient plc

| logo = Adient.svg

| type = Public

| traded_as = {{ubl|{{NYSE|ADNT}}|S&P 600 component}}

| ISIN = {{ISIN|sl=n|pl=y|IE00BD845X29}}

| predecessor = Automotive Experience division of Johnson Controls International

| founded = {{Start date and age|2016|10|31}}

| hq_location = {{nowrap|Plymouth, Michigan, U.S.}}

| num_locations = 200 manufacturing/assembly plants (2022)

| area_served = Worldwide

| key_people = Jerome Dorlack (CEO){{cite press release |url=https://www.prnewswire.com/news-releases/adient-president-and-ceo-doug-del-grosso-announces-retirement-cfo-jerome-dorlack-to-be-appointed-leader-of-seating-supplier-301981096.html |title=Adient President and CEO Doug del Grosso announces retirement; CFO Jerome Dorlack to be appointed leader of seating supplier }}

| revenue = {{US$|14.1 billion|link=yes}} (2022)

| num_employees = 70,000 (2022)

| website = {{URL|adient.com}}

}}

File:Adient (автор Стоялов Максим Викторович).jpg

Adient plc is an American, Irish-domiciled company that operates as the largest{{cite web |title=Adient Is A Leader in Seating |url=https://www.morningstar.com/company-reports/1221523-adient-is-a-leader-in-seating |access-date=27 January 2025}} manufacturer of automotive seating for customers worldwide and is based in Plymouth, Michigan, United States.{{cite news |date=November 2023 |title=Adient Earnings Release |work=Adient Investors Website |url=https://investors.adient.com/news-releases/2023/08-02-2023-115015946 |access-date=19 October 2023}}

History

Adient was founded as a spin-off from Johnson Controls in 2016, establishing its legal domicile in Dublin, Ireland.{{Cite book |last=Wong |first=Wilson Kia Onn |url=https://books.google.com/books?id=gUIwDwAAQBAJ |title=Automotive Global Value Chain: The Rise of Mega Suppliers |publisher=Routledge |year=2017 |isbn=9781315300979 |series=Routledge Advances in Management and Business Studies |pages=87 |chapter=The global automotive seats industry |oclc=1003268557 |via=Google Books (preview)}} Johnson Controls had entered the automotive seating business in 1985 by acquiring Hoover Universal.{{Cite news| issn = 0362-4331| last = Daniels| first = Lee A.| title = Johnson Buying Hoover Universal| work = The New York Times| access-date = 2018-08-29| date = 1985-03-05| url = https://www.nytimes.com/1985/03/05/business/johnson-buying-hoover-universal.html}} In September 2017, Adient acquired the Oak Park, Michigan-based automotive seat manufacturer Futuris from Clearlake Capital, which added 15 facilities in Asia and North America, including one facility based in Newark, California,{{Cite report|url=https://energy.gov/sites/prod/files/2016/02/f29/DOE-LPO_Mini-Reports_004_ATVM-Driving-Economic-Growth_FINAL_Jan-2016.pdf|title=Driving Economic Growth: Advanced Technology Vehicles Manufacturing|last=Loan Programs Office|date=January 2016|publisher=United States Department of Energy|page=2|access-date=6 January 2018}} and which was anticipated to increase the company's revenue by $0.5 billion annually.

In 2016, Adient announced plans to move its global operating headquarters to the Marquette Building in Detroit,{{Cite news|url=http://www.detroitnews.com/story/business/autos/2016/11/30/adient-marquette-building/94667058/|title=Adient moving to downtown Detroit's Marquette Building|last=Wayland|first=Michael|date=30 November 2016|work=The Detroit News|access-date=2017-12-04}} but canceled those plans as of June 2018.{{Cite news|url=https://www.freep.com/story/money/business/michigan/2018/06/18/auto-supplier-adient-cancels-detroit-move/710554002/|title=Auto supplier Adient cancels move to downtown Detroit. Here's why.|work=Detroit Free Press|access-date=2018-07-05|language=en}}

File:Passenger Experience Week 2018, Hamburg (1X7A3686).jpg

In January 2018, a joint venture was formed by Adient (50.01%) and Boeing (49.99%) to develop and manufacture airliner seats for new installations or retrofit, a $4.5 billion market in 2017 which was then forecast to grow to $6 billion by 2026, to be based in Kaiserslautern near Frankfurt and distributed by Boeing subsidiary Aviall, with its customer service center in Seattle.{{cite press release|title=Boeing, Adient Launch New Company to Design and Build Airplane Seats|date=16 January 2018|publisher=Adient|url=https://www.prnewswire.com/news-releases/adient-boeing-launch-new-company-to-design-and-build-airplane-seats-300583366.html|via=PRNewswire}}

In February 2020 Adient announced it agreed to sell its 30% stake in Yanfeng Global Automotive Interior Systems to Yanfeng Automotive Trim Systems for US$379 million.{{Cite web|url=https://finance.yahoo.com/news/adient-enters-agreement-joint-venture-113000626.html|title=Adient enters into agreement with joint venture partner Yanfeng to restructure existing joint venture relationships and drive shareholder value|website=finance.yahoo.com|language=en-US|access-date=2020-02-19}}{{Cite web|url=https://internationalleathermaker.com/news/fullstory.php/aid/7949/Adient_to_sell_stake_in_Yanfeng_Global_Automotive_.html|title=Adient to sell stake in Yanfeng Global Automotive - International Leather Maker|website=internationalleathermaker.com|date=3 February 2020 |language=en|access-date=2020-02-19}}

In March 2020, Adient entered into an agreement to sell its automotive fabrics manufacturing business to Sage Automotive Interiors for $175 million.{{Cite web|url=https://carenthusiastworld.com/adient-enters-into-settlement-to-promote-its-materials-enterprise/|title=Adient enters into settlement to promote its materials enterprise|date=2020-03-09|website=Car Enthusiast World|language=en-US|access-date=2020-03-19}}{{Cite web|url=https://www.automotiveworld.com/news-releases/adient-enters-into-agreement-to-sell-its-fabrics-business/|title=Adient enters into agreement to sell its fabrics business {{!}} Automotive World|website=www.automotiveworld.com|date=6 March 2020 |access-date=2020-03-19}}

As of 2022, Adient employed 70,000 people across 200 manufacturing/assembly plants, in 30 countries.It is unclear whether this number includes assets acquired through Futuris.