Special Devices, Inc.

Special Devices, Inc. is a leading designer and manufacturer of engineered pyrotechnic devices used in vehicle airbag and other automotive safety systems. SDI's primary products are initiators, which function like an electrical match to ignite and initiate the chain reaction that inflates an automotive bag. A leader in a growing world market, SDI maintains an estimated 30% to 35% share of the total market. SDI's major customers include many of the world's largest airbag manufacturers, including TRW, Autoliv and ARC, which in turn sell airbags to major auto manufacturers. SDI is majority owned by J.F. Lehman, a New York-based investment firm specializing in private equity investments in middle-market companies.

Special Devices, Inc., Moorpark, California