TI FLUID SYSTEMS (LON:TIFS)

Consumer

TI Fluid Systems PLC, earlier known as TI Fluid Systems Limited, is a UK-based multinational company that develops, manufactures, and supplies automotive fluid storage, carrying and delivery systems. It primarily provides products and services for light vehicles. The company operates in two divisions: fuel tank and delivery systems (FTDS) and fluid carrying systems (FCS) like brakes, battery cooling and climate control. It was originally founded as Harry Bundy and Company in 1922, Harry Warren Bundy established The Bundy Corporation in Detroit, Michigan, USA. In 2001, TI Automotive Ltd. was formed as an independent company in England. It is headquartered in Oxford, England. Its corporate office is in Michigan, US.

In 2017, TI Automotive was admitted to the London Stock Exchange under the name TI Fluid Systems PLC with ticker symbol TIFS. It is also a part of the FTSE 250 index. Bundy, Walbro and Marwal brands help the company is serving the automotive market. The company operates across the globe and has manufacturing facilities in 108 locations across 28 countries, with approximately 27,000 employees. TI Fluid Systems is a valued supplier partner of all the world’s major automakers, like Land rover, Bentley, Audi, Mercedes Benz, Jaguar, Tata, Volvo, Ford, and many more.

The fluid carrying systems (FCS) division is involved in manufacturing of brakes and fuel lines and chassis bundles, thermal management fluid systems, including hybrid electric vehicle (HEV) and electric vehicle (EV) thermal management products, and power train products. On the other hand, the fuel tank and delivery systems (FTDS) division is involved in manufacturing of plastic fuel tanks, plastic filler pipes and electric fuel pumps and modules. In 2019, the company captured over 32% of the global brake and fuel line market, and the Group also became a leading supplier of plastic fuel tanks, with 15% of the global plastic fuel tank market. The company supplies to all major global OEMs as its advanced products and technologies align closely with automotive industry megatrends and government regulations to reduce emissions and improve fuel economy, with vehicles such as HEVs and BEVs.

The group has well defined standards of corporate governance and has adopted the Code of Business Conduct. Due to the nature of business, the company’s key priority is to provide sustainable business solutions while reducing its environmental footprint. This can be achieved by using technology to increase efficiency of products and reduce the wastage of energy and resources.

Contact Information

company address TI Fluid Systems PLC TI Automotive, 4650 Kingsgate OXFORD OX4 2SU United Kingdom GBR

company phone+44 186 587 1820

company websitehttps://www.tifluidsystems.com/

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