Gentex and Wolverine Announce Joint Venture to Provide MBE-Certified Warehousing, Logistics, and Manufacturing Services

Gentex Corporation (NASDAQ: GTX) and Wolverine Assemblies, LLC today announced the formation of a joint venture to provide original equipment manufacturers and automotive suppliers with access to a range of services including warehousing, logistics, assembly, and light manufacturing with an established, MBE-certified provider.

Gentex President and CEO Steve Downing, Wolverine President and CEO Al Hall, and TAG Holdings, LLC Chairman and CEO Joseph Anderson, will provide details of the partnership and its benefits during a roundtable discussion on growing MBEs Through Ecosystem Collaboration on Wednesday, May 1, at the Michigan Minority Procurement Conference at Huntington Place in Detroit.

“Our collaboration with Wolverine highlights our strategy to engage and support MBEs in their leadership and growth in the automotive industry and beyond. Gentex benefits directly from Wolverine’s well-established supply chain management services, and we look forward to supporting their continued growth,” said Downing.

Wolverine currently operates out of a 200,000 square-foot facility in Wixom, providing warehousing, assembly, logistics, and a variety of supply chain management services. Wolverine hopes to expand its capabilities to include electronics manufacturing and is seeking early adopter OEMs and suppliers interested in using and growing alongside an established, MBE-certified supplier.

“Wolverine has been in business for nearly 15 years, and we know this industry, said Hall. “But now, with a leading electronics manufacturer like Gentex as our partner and ‘anchor tenant,” we have access to the knowledge, support and resources necessary to grow our capabilities and our business.”

About Wolverine, LLC

Founded in 2010, Wolverine Assemblies is dedicated to delivering superior warehouse and distribution services, specializing in electronics manufacturing, assembly, and comprehensive supply chain management solutions. We embrace diversity as a pivotal strength, fostering a cross-trained workforce that excels in quality, delivery, and cost competitiveness.

About Gentex Corporation

Founded in 1974, Gentex Corporation (Nasdaq: GNTX) is a technology company and long-time supplier of electro-optical products for the global automotive, aerospace, fire protection and medical industries. The company uses its core competencies in microelectronics, glass processing, chemical development, sensing, and more, to innovate electronic products that enhance vision, safety, and connectivity. To learn more, visit www.gentex.com.

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