Automotive Original Equipment Manufacturers (OEMs)

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Automotive OEM segment designs and manufactures innovative fasteners, interior and exterior components, and powertrain and braking systems for OEMs and their top-tier suppliers. The OEM’s supply chain is divided into three distinct, but sometimes overlapping layers. Those firms that sold finished components (such as a starter or generator) directly to the vehicle manufacturers are ‘Tier 1’ suppliers. Those that sold directly to the Tier 1s (copper wire or carbon brushes) are ‘Tier 2.’ Those that supplied raw materials to any of the above were usually characterized as ‘Tier 3.’