Bendix Commercial Vehicle Systems surpassed $1 billion in sales during 2014, marking a first for the company that supplies componetry and other products to the trucking industry.
Since becoming part of Germany-based Knorr-Bremse Group in 2002, the supplier has grown sales by 151% and increased employment by 52%. Bendix’s growth has also led to recent plans to construct a new headquarters in northeast Ohio.
In 2004, Bendix entered a joint venture with Dana Commercial Vehicles Products to form Bendix Spicer Foundation Brake. The jv designs and manufactures OE brake system hardware.
“Every Bendix employee shares in this achievement,” said Joe McAleese, president and CEO of Bendix. “Reaching this mark for the first time in Bendix’s 85-year history illustrates the talent, the depth and the commitment of our entire workforce.”