Cooper Standard(US:CPS) Prnewswire·2024-12-17 13:30Core Insights - Cooper Standard has been awarded the Innovations in Lightweighting Award by the Society of Automotive Analysts (SAA) for its FlexiCore™ Thermoplastic Body Seal, which is recognized for its innovative mass-saving technology [1][2] - The FlexiCore seal offers a weight reduction of up to 44%, enhancing vehicle efficiency while being fully recyclable, thus contributing to environmental sustainability [3][4] Company Overview - Cooper Standard is a leading global supplier of sealing and fluid handling systems, headquartered in Northville, Michigan, with operations in 21 countries and a workforce of over 22,000 [6] - The company focuses on creating innovative and sustainable engineered solutions for various transportation and industrial markets [6] Industry Context - The mobility industry is evolving towards hybrid and electric vehicles, where advanced materials are crucial for improving fuel economy and reducing emissions while maintaining safety and performance [4] - Lightweight materials are essential in offsetting the weight of power systems like batteries and electric motors, thereby improving efficiency and extending the all-electric range of vehicles [4]