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Hanon Systems is a global provider of automotive thermal and energy management solutions, based in Daejeon, South Korea. Founded in 1986 as Halla Climate Control Corp. through a joint venture between Ford Motor Co. and Mando Machinery Corporation, the company has grown to serve nearly all major automakers. As of 2025, it operates as a subsidiary of Hankook & Company Group, alongside its other core portfolios in tires and batteries. The company specializes in optimizing vehicle performance and occupant comfort through advanced thermal management technologies. Its product offerings include HVAC systems, thermal management components like compressors and cooling modules, and energy efficiency solutions aimed at reducing emissions and improving air quality. Hanon Systems has expanded its capabilities through strategic acquisitions, enhancing its position in the automotive industry. With over 50 facilities worldwide, the company is committed to providing electrification-ready solutions that support the shift toward sustainable mobility.
P/Kaufmann is a prominent textile company founded in New York City in 1957. It is recognized as one of the largest producers of decorative and woven fabrics, primarily serving the home and hospitality markets. The company has a strong reputation for design excellence and quality, with a diverse range of products that include rich solids, contemporary geometrics, florals, and exotic ikats. Their fabrics are suitable for upholstery, drapery, and various home décor applications. The company operates multiple divisions, including Braemore, which focuses on upscale designs, and Folia, which offers licensed fabrics and wallcoverings for Ralph Lauren Home. P/Kaufmann Contract caters specifically to the hospitality sector, providing a refined identity and marketing system for the design trade. They also offer innovative tools, such as an online color picker, to assist designers in matching fabric swatches. P/Kaufmann serves a global clientele, including interior designers and hospitality businesses, delivering high-quality decorative textiles and comprehensive support services.