Lear Corporation has announced that it has reached an agreement to establish two joint ventures with Comer Holdings, LLC, a minority business, for assembling, sequencing and manufacturing of automotive interior components to the automotive industry.


Comer Holdings acquired a 51% ownership interest in Bing Assembly Systems, LLC (BAS), the former joint venture between Lear and Bing Manufacturing Inc., as part of a reorganisation in which a Bing Group affiliate has acquired BAS’s Detroit plant.


The Detroit facility will continue to supply Lear with components under a long term supply agreement. In addition, Comer Holdings has agreed to assume a 51% ownership in JL Automotive (JLA), the former joint venture between Lear and Piston Automotive. Financial terms of the agreement were not disclosed.


Comer Holdings is a minority business wholly owned by Jim Comer, formerly president of North American Joint Ventures and Diversity at Lear, who recently retired from the company after 18 years of service. As the majority owner in Integrated Manufacturing and Assembly LLC (formerly BAS) and CL Automotive LLC (formerly JLA), Comer will oversee the operations of facilities in Brownstown and Highland Park, Mich., Newark, Del., and Berne, Ind., with approximately 900 employees and annual sales of about US$350 million.


“Jim Comer enjoyed a long and distinguished career at Lear and he is the perfect entrepreneurial partner at this point in his professional life,” said Bob Rossiter, Lear chairman and chief executive officer. “Given his strong relationships in the diverse supply base and the fact that he is a highly respected and accomplished executive, a joint venture is a natural evolution of his successful history of service to Lear.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.