Amerigon's president and CEO Daniel R. Coker said that the reason for the move is because of the company's current and anticipated growth. "During the past few months, particularly starting in the third quarter of 2005, our rate of growth began to increase as we started shipments of CCS (the company's specialized Climate Control Seat system that heats and cools interior car seats) for use in the Buick Lucerne, Lincoln Zephyr and newly redesigned Cadillac DTS," Coker said in a prepared statement announcing the relocation.
He also noted that anticipated growth from already existing programs, as well as planned new vehicle introductions during the next three years required Amerigon to find a larger facility with an on-site design lag and testing area, which the new location will offer.
Coker also said that more new vehicles offering the CSS are planned for introduction within the next year and beyond by many of Amerigon's existing automotive customers in Asia, North America and Europe, which also drove the need for additional space.
Amerigon develops products for the automotive and other industries that are based on advanced thermoelectric technologies. In addition to its headquarters in Detroit, Amerigon has sales and technical support centers in Los Angeles, CA, Japan, Germany and England.
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