Valeo Earns 2015 ‘Top Employer’ Certification in the U.S. and Mexico

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TROY, Mich. - March 31, 2015 - PRLog -- Valeo has been certified as a Top Employer in the United States and Mexico by the Top Employers Institute for the second year in a row. Valeo also is one of only five companies to earn Global Top Employer certification, awarded for the first time this year.

To qualify for the Global Top Employer label, 20 countries must be certified individually on five continents. Valeo met this goal with 22 countries certified: China, India, Japan, Korea and Thailand in Asia; Egypt and Tunisia in Africa; Brazil, Mexico and the United States in the Americas; and France, Germany, Hungary, Ireland, Italy, the Netherlands, Poland, Romania, Russia, Spain, Turkey and the United Kingdom in Europe.

Top Employer certification is based on a variety of criteria, including talent management and career management, where Valeo earned the highest scores.

With an ambitious strategic vision based on reducing carbon emissions, delivering innovation and expanding in fast-growing regions, Valeo has driven a 70% increase in revenue since 2009.

Around the world, 96 different nationalities are working together in Valeo's 29 host countries. Human Resources support growth by hiring and training the finest talent, in a commitment to enhancing team skills and competences.

Top Employer certification, awarded by the Top Employers Institute, recognizes organizations that demonstrate the best human resources management practices, particularly in the areas of attracting and developing talent, compensation and benefits, training and leadership development.

About the Top Employers Institute: Present in 12 countries, the Top Employers Institute has been identifying and certifying employers of choice for the past 20 years through its Top Employers label. More than 2,500 organizations have been certified by the Top Employers Institute as part of 135 international projects.

About Valeo: Valeo is an automotive supplier, partner to all automakers worldwide. As a technology company, Valeo proposes innovative products and systems contributing to the reduction of CO2 emissions and to the development of intuitive driving.  In 2014, the Group generated sales of €12.7 billion ($16.7 billion*) and invested over 10 percent of its original equipment sales in research and development.  Valeo has 133 production sites, 50 research and development centers and 15 distribution platforms and employs 78,500 people in 29 countries throughout the world.  Valeo is listed on the Paris Stock Exchange and is a member of the CAC 40 index.

In North America, Valeo’s regional headquarters are located in Troy, Mich., and the company has 16 production sites and five research and development centers.  The company employs 11,779** people across the United States and Mexico and was responsible for 20 percent of the Group’s 2014 global annual original equipment sales, contributing €2.267 billion ($3 billion*).

More information about the Valeo Group and its activities can be found on the Internet at www.valeo.com

*Currency conversion based on the average of the 2014 month-end FX Euro to USD of 1.3177.


**Total number of employees as of end of December 31, 2014.

For more information, please contact:

Daniel Saad, Regional Communications Manager – Valeo North America

Phone: +1 (248) 619-8377

E-mail:  dan.saad@valeo.com

Safe Harbor Statement

Statements contained in this report, which are not historical fact, constitute "Forward-Looking Statements". Even though Valeo’s management feels that the Forward-Looking Statements are reasonable, investors are put on notice that actual results may differ materially due to numerous important factors, risks and uncertainties to which Valeo is exposed. Such factors include, among others, the company’s ability to generate cost savings or manufacturing efficiencies to offset or exceed contractually or competitively required price reductions. The risks and uncertainties to which Valeo is exposed mainly comprise the risks resulting from the investigations currently being carried out by the anti-trust authorities as they have been identified in the Registration Document, risks which relate to being a supplier in the automotive industry and to the development of new products and risks due to certain global and regional economic conditions. Also included are environmental and industrial risks as well as risks and uncertainties described or identified in the public documents submitted by Valeo to the French “Autorité des Marchés Financiers” (AMF), including those set out in the “Risk Factors” section of Valeo’s Registration Document registered at the AMF on March 29, 2012 (ref. no. D.12-0237).  The company assumes no responsibility for any estimates made by analysts and any other information prepared by third parties which may be used in this report. Valeo does not intend or assume any obligation to review or to confirm the estimates of analysts or to update any Forward-Looking Statements to reflect events or circumstances which occur after the date of this report.

Media Contact
Daniel Saad
dan.saad@valeo.com
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Tags:Top Employer, Valeo, USA, Mexico
Industry:Automotive, Human resources
Location:Troy - Michigan - United States
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