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Lon Offenbacher: Technology Is Turning Auto Industry on Its Head

Lon Offenbacher speaks at 2018 MICHauto SummitHarking back to the videotape format war of the late 1970s and early ’80s, Lon Offenbacher, president and CEO of Inteva Products, told MICHauto Summit attendees that technology is moving so fast, finding the right talent to keep businesses ahead of the curve is this generation’s biggest challenge.

“Do you love Michigan?” Offenbacher asked to open his town hall-style talk.

“The world is going to be so dynamic five to 10 years from now, it is going to make our heads spin,” he said referencing the convergence of the automotive and technology industries. “There are thousands of companies competing for the prize and Michigan is the middle man.”

As a global supplier of engineered components and systems for the automotive industry, Inteva Products has “constant openings” when it comes to talent, Offenbacher said.

“Motown might be mobility town in 10 or 20 years, but we need the people,” he said.

The session was sponsored by Toyota.

Key Takeaways:

  • Inteva Products is focused on creating a culture that values people. The company supports 178 charities around the world, a contributing factor to attracting talent who want to feel connected to a purpose.
  • To help fill the talent pipeline, Inteva Products offers a suite of services, from internships to apprenticeships and partnerships with colleges. The company is working toward collaborative programs with high schools to raise awareness on STEM education.
  • Never stop learning. Never stop growing.