3 Followers USX:GNTX - Gentex Corp Gentex Corporation
Sector: Consumer Discretionary, Industry: Auto Parts & Equipment
Next Earnings: 16 May 2024
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USD 34.3    -0.56 (-1.61%)

30 Apr 2024


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General

CEO: Mr. Steven R. Downing

IPO: 1990-03-26

Headquarters: US

Employees: 5,466

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Description

Gentex was founded in 1974 to produce smoke-detection equipment. The company sold its first glare-control interior mirror in 1982 and its first model using electrochromic technology in 1987. Automotive revenue is about 98% of total revenue. The company is constantly developing new applications for the technology to remain on top. Sales in 2023 totaled about $2.3 billion with 50.6 million mirrors shipped. The unit mix breaks out as 63% interior and 37% exterior, versus 31% exterior in 2019. The company is based in Zeeland, Michigan.

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