Inteva Products, a leading global Tier One automotive supplier of engineered components and systems, is pleased to announce that its President and CEO Lon Offenbacher has been named a finalist for the Ernst & Young Entrepreneur of the Year 2017 Award in the Michigan and Northwest Ohio region. This is the third consecutive year Offenbacher has received this honor.
The Ernst & Young Entrepreneur of The Year 2017 Award recognizes individuals across all industries who are building and leading successful, growing and dynamic businesses.
As one of 29 finalists, Offenbacher made the list by excelling in areas such as driving innovation, demonstrating personal commitment to the business he leads, and supporting the community. Since founding Inteva in Troy, Michigan in 2008, Offenbacher has tripled the size of the company in revenues, customers, and global footprint, growing the customer base exponentially to 90 global automakers.
Inteva has opened six new sites around the world over the last 12 months: in Mexico, India, the Czech Republic, Romania, The Netherlands, and China. In the same timeframe, the company has also made a multi-million investment in upgrading technical capabilities at its World Headquarters in Troy, Michigan, and has begun a similar investment in Vandalia, Ohio. Late in 2016, Inteva also began a $23 million investment in upgrading its Adrian, Michigan site where more than 100 new jobs will be added.
Offenbacher’s vision for community commitment spans all of Inteva’s global locations, with employees volunteering and raising funds for 176 charities around the world.
Entrepreneur of the Year 2017 Finalists will be recognized in Crain’s Detroit Business, and winners will be announced at a special gala on June 21 at the Detroit Institute of Arts.