Horizon Global Corporation Overview
Company Headquarters: US
Founded: 1855
Workforce: ~ 3,600
Company Working: Horizon Global Corporation (Horizon Global) is engaged in the business of designing and offering a wide range of products for the global automotive industry. The company operates through two business segments, namely, Horizon Americas and Horizon Europe-Africa. It offers various products such as trailers, tow bars, nudge bars, cargo, sports bars, side steps, cycle carriers, bumpers, and other related accessory products. The company offers its products and solutions through various brands, such as Draw-Tite, Reese, Fulton, Reese, Westfalia, and Tekonsha. The products offered by the company are served to its customers through multiple sales channels, including OEMs, retail, aftermarket, and e-commerce channels.
Horizon Global Corporation has more than 25 manufacturing facilities located in 17 countries across the world. The company offers its tow bars products to a wide range of car manufacturers, including Ford Motor Company, Toyota, Volkswagen Group, BMW AG, Citroën, Fiat, Chrysler, and General Motors.
Strategy
Horizon Global Corporation is primarily focused on investing in research & development for towing systems to strengthen its position in the market and become a prominent leader at the global footprint. The company aims to expand its global presence through e-commerce channels. Moreover, the company also strategies on offering cost-effective solutions and flexible manufacturing capabilities to provide a unique value proposition to its customers.
