About Tower International
Tower International is a company based in Livonia (United States) founded in 1993 was acquired by Autokiniton in July 2019. The company has 115 employees as of March 29, 2024. Tower International has completed 2 acquisitions, including Meleghy International and W-Industries. Tower International operates in a competitive market with competitors including ZF, Cummins, Cooper Standard, Schaeffler and Valeo, among others.
- Headquarter Livonia, United States
- Employees 115 as on 29 Mar, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Tower Automotive India Private Limited.
- Date of Incorporation 09 Nov, 1999
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$3.65 M (USD)38.87as on Mar 31, 2023
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Net Profit
$289.66 K (USD)32.9as on Mar 31, 2023
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EBITDA
$451.07 K (USD)32.77as on Mar 31, 2023
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Latest Funding Round
$11.89 K (USD), Grant
Mar 20, 2024
- Investors
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Employee Count
115
as on Mar 29, 2024
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Investments & Acquisitions
Meleghy International
& 1 more
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Acquired by
Autokiniton
(Jul 12, 2019)
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People of Tower International
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Funding Insights of Tower International
Investors in Tower International
Tower International has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Ministerstvo Hospodárstva Slovenskej Republiky and Autokiniton.
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Autokiniton is recognized as a leading automotive supplier specializing in structural components.
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Investor details for Tower International
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Investments & Acquisitions by Tower International
Tower International has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Meleghy International and W-Industries.
Investment portfolio details for Tower International
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Automation, control, process design, and system packaging services are provided.
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Automotive components are manufactured and supplied by the company.
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Complete acquisition details for Tower International
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Financial Statements - Tower International
Detailed financials for Tower International
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Tower International Comparisons
Peer comparison for Tower International
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Competitors of Tower International
Tower International operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ZF, Cummins, Cooper Standard, Schaeffler and Valeo, among others.
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Mobility systems are developed for cars, vehicles, and industrial uses.
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Manufacturer of gas-powered construction equipment
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Systems and components for the automotive industry are supplied worldwide.
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Manufacturer of bearings for the automotive industry
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Automotive products and services are supplied globally to automakers.
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Automotive cooling systems, pistons, and aftermarket components are manufactured.
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Detailed competitors of Tower International
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Latest news on Tower International
Complete news archive for Tower International
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Frequently Asked Questions about Tower International
Tower International was founded in 1993 and raised its 1st funding round 30 years after it was founded.
Tower International is headquartered in Livonia, United States. It is registered at Livonia, Michigan, United States.
Malmhagen Pelle is the current CEO of Tower International.
As of Mar 29, 2024, the latest employee count at Tower International is 115.
Annual revenue of Tower International is $3.65M as on Mar 31, 2023.
Tower International was founded in 1993 and is based in Livonia, United States. Automotive components for bodies and chassis are produced for original equipment manufacturers. These encompass body structures, class A surfaces, assemblies, chassis elements, and non-automotive structures designed for cars, crossovers, pickups, and sport utility vehicles. Deliveries are made to key OEMs including Ford, Volvo, BMW, Fiat, and Audi.
Tower International's top competitors include Cummins, Valeo and Cooper Standard.
Tower International has made 2 acquisitions, including Meleghy International, and W-Industries.
Tower International has 2 investors. Key investors include Ministerstvo Hospodárstva Slovenskej Republiky, and Autokiniton.