TI Fluid Systems

Our global Diversity & Inclusion committee is committed to championing inclusivity across the business. As part of its efforts to do so, the committee recently worked with TIFS’s Women’s Empowerment Network to hold an Ally Workshop.   Feedback from the workshop was overwhelmingly positive. Simon Howell, our UK-based Director of Corporate Reporting, was so inspired by his experience that he was eager to discuss his thoughts on what he learnt. Check out Simon’s thoughts here: https://lnkd.in/dghj4Psq

𝗧𝗲𝗮𝗺 𝗦𝗽𝗼𝘁𝗹𝗶𝗴𝗵𝘁: 𝗛𝘂𝗺𝗮𝗻 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 & 𝗛𝗮𝗿𝘁𝘄𝗲𝗹𝗹 𝗧𝗲𝗮𝗺 Today, we're shining a spotlight on our team in Hartwell, Georgia, who continue to go above and beyond for the local community. The team have recently led three initiatives: • School supply drive: The team organized a successful school supply drive to ensure that students have the tools they need to succeed, helping to equip local children for the upcoming school year. • Mobile mammogram event: They prioritized health and wellness by coordinating a mobile mammogram event, providing critical access to screenings and raising awareness about the importance of early detection. • New hire 'swag bags': The team created personalized employee welcome packs – or 'swag bags' to welcome new members to the TI Fluid Systems family. Thank you, Hartwell team, for all your amazing efforts!

Earlier this year we celebrated the official opening of our fifth and final e-Mobility Innovation Centre (eMIC).   Our state-of-the-art eMICs serve as spaces for designing, prototyping, and testing thermal management systems and components for electric vehicles, where we work alongside our customers to speed up development, nurture collaboration and promote innovation.    The journey began in 2022 with the launch of our first eMIC in Rastatt, Germany, marking a new era for collaboration and innovation. Since then, we’ve opened three eMICs in Asia-Pacific – Incheon, South Korea, and Nagoya, Japan, in June 2023 and Jiading, China, in October 2023 – and our final eMIC in Auburn Hills, Michigan, in June 2024. This year so far, we have seen great success at our innovation centres across the globe with: • 64 total customer visits to our TIFS eMICs  • 209 total visits to customer locations  • 13 joint product developments  • 20 total RFQs/RFIs We're proud of these milestones and excited for what's next. Thank you to our amazing team and partners for making this possible.

Today we have released Half Year results: strong execution by our teams around the world delivered 40 bps margin expansion and 15% EPS growth. Bookings grew 11%, demonstrating our strategic progress and the benefits of our propulsion agnostic portfolio.   The full press release is available at: https://lnkd.in/eFQ3VejR

TI Fluid Systems’ plants from around the globe have recently been recognized for their outstanding performance in multiple prestigious awards.   From Supplier Quality Awards to Zero Defect Recognition, these accolades highlight our commitment to quality, innovation, and excellence.    Check out our latest blog as we celebrate the fantastic achievements of our global teams and learn more about the innovative programs that led to these awards. https://lnkd.in/ekNyZQQX

As we mark the halfway point of 2024, we’re reflecting on some of the memorable moments from the year so far. ➡️The new year brought a new structure to TI Fluid Systems - now working on a regional basis, with operations grouped by the Americas, Europe, the Middle East & Africa, and Asia Pacific. ➡️We announced the appointment of Julien Plenchette as the newest member of our global leadership team, taking on the role of President – Americas, and Renee McLeod as Chief Human Resources Officer. ➡️Diversity and inclusivity has been celebrated with initiatives for International Women’s Day and Pride Month. ➡️We attended several major industry events such as CES, Intersolar & Energy Storage North America, Auto China and ITB Group’s Thermal Management Systems and Materials 2024 Conference. ➡️Most recently, we officially opened our all-new e-Mobility Innovation Centre (eMIC) in Auburn Hills, Michigan, realising our strategic vision with five eMICs in key automotive regions. We’re looking forward to what the rest of the year will bring, with some more exciting events and activities in the pipeline.

Our Inner Battery Fluid Distributor (IBFD) is a state-of-the-art, blow-molded module engineered for inner battery coolant distribution. It consolidates multiple coolant lines into one highly efficient unit, designed to meet the highest customer demands within limited battery space.   Here are some of the core benefits: Efficiency: * Reduced complexity and interfaces   Cost Savings: * Reduced bill of material * Reduced assembly labor and cost   Environmental Impact: * Single compound material * Maximized reuse of regrind material For more details, visit: https://lnkd.in/ejcczHX3

Recently we presented several of our latest products and innovations to Volvo Cars at a Tech Day in Gothenburg, Sweden.    Our dedicated Product Management, Program Management, Application Engineering, and Advanced Technology teams showcased our portfolio, which featured new fluid handling solutions, including thermal management, battery housing (HVBE), ADAS cleaning, and hydrogen lines.    This gave attendees an opportunity to get up close to innovative products such as our Integrated Thermal Manifold, Integrated Thermal Module Refrigerant, Inner Battery Fluid Distributor and Thermoplastic Refrigerant Lines.   We ran presentation sessions throughout the day, along with Q&As, discussions and a walk-around product display.   Thank you to our team for all the effort and preparation that went into making this event a success.

Last week, we were pleased to host Kevin Terrell Heard, MBA, President of the Detroit Regional LGBT Chamber of Commerce, at our corporate office. He spoke to us about the meaning and impact of intersectionality, leading a thought-provoking conversation that encouraged us to reflect on our own experiences and consider how we can contribute to a more inclusive environment for everyone. The event also marked Juneteenth, a significant day in American history that celebrates the emancipation of enslaved African Americans. It was important to observe both Juneteenth and Pride to emphasise the value of understanding the different experiences and obstacles our colleagues and communities face. Read more about the event here: https://lnkd.in/egMdk_8h  

Yesterday, US media joined us in Auburn Hills, Michigan, for the official opening of our all-new e-Mobility Innovation Centre (eMIC).    Designed to nurture customer collaboration, the Auburn Hills eMIC promotes innovation, making it faster and more efficient for North American automakers to develop thermal management systems for hybrid, plug-in hybrid and battery electric vehicles.   The day started with remarks from President and CEO, Hans Dieltjens, and Chief Technology Officer, Johannes Helmich, followed by a roundtable Q&A discussion. The journalists were then given an exclusive tour of the new facility.   We’d like to thank all those who joined us today and congratulate our team on the successful opening of our brand-new eMIC.