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HARMAN Breaks Ground on New North American Automotive HeadquartersNOVI, Mich. --(Business Wire)-- HARMAN International Industries, Incorporated, the premier audio, visual, infotainment and enterprise automation group, broke ground today on its new North American Automotive Headquarters. HARMAN Chairman, President and CEO, Dinesh Paliwal, fourth from left, and Michigan Lt. Governor Brian Calley, third from right, break ground with HARMAN executives and government officials at the site of HARMAN's new North American Automotive Headquarters, Thursday, Nov. 20, 2014, in Novi, Mich. (Photo: Business Wire) The new 188,000-square-foot building, scheduled for completion by fall 2015, will be located in Novi on Cabot Drive and will initially accommodate 750 employees. Developed by Northern Equities Group, the new North American Automotive Headquarters will anchor the 400-acre Haggerty Corridor Corporate Park. HARMAN forecasts it will add 250 more employees to this new facility in coming years "Metro Detroit is the epicenter of the automotive industry. This strength, combined with the exceptional technical talent in southeast Michigan, made Novi a compelling destination for HARMAN's new North American automotive headquarters," said Dinesh Paliwal, Chairman, President and Chief Executive Officer, HARMAN. "The consumer appetite for a connected car experience continues to grow, and HARMAN is leading the industry in solutions that bridge Silicon Valley and Detroit. This new Michigan facility reflects our corporate strategy to continue developing infotainment and audio systems for global markets through superior engineering, award-winning design, andhigh-value software systems." The new headquarters will feature equipment and facilities such as:
HARMAN is the leading supplier of advanced infotainment and audio products to the world's automakers, including Audi, BMW, Fiat Chrysler, Ferrari, Ford, General Motors (News - Alert), Hyundai, Kia, Lexus, Land Rover, Mercedes Benz, Porsche, Toyota, and Volkswagen. With a $20.5 billion backlog of awarded business, HARMAN is driving the automotive industry forward with technologies that address connectivity, safety, and security, as well as audio solutions that heighten the in-car entertainment experience. The Company's Michigan operations has been critical to a number of innovations for the automotive industry, including advancements in audio signal processing, active sound management solutions for hybrid and electric vehicles, and platform-based infotainment solutions for vehicles ranging from entry models to premium, luxury automobiles. About HARMAN HARMAN (www.harman.com) designs, manufactures and markets premier audio, visual, infotainment and enterprise automation solutions for the automotive, consumer and professional markets. With leading brands including AKG®, Harman Kardon®, Infinity®, JBL®, Lexicon®, Mark Levinson ® and Revel®, the Company is admired by audiophiles, musicians and the entertainment venues where they perform. HARMAN has a workforce of approximately 16,600 people across the Americas, Europe, and Asia and reported sales of $5.6 billion for the 12 months ended September 30, 2014. The Company's shares are traded on the New York Stock Exchange under the symbol NYSE:HAR. HAR-C © 2014 HARMAN International Industries, Incorporated. All rights reserved. Harman Kardon, Infinity, JBL, Lexicon and Mark Levinson are trademarks of HARMAN International Industries, Incorporated, registered in the United States and/or other countries. AKG is a trademark of AKG Acoustics GmbH, registered in the United States and/or other countries. Features, specifications and appearance are subject to change without notice.
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