EVANSVILLE, IN -- United Components, Inc. (UCI) has completed its acquisition of Canton, OH-based water pump manufacturer ASC Industries, Inc. (ASC). With completion of the transaction, ASC will now become UCI's Center of Excellence for water pump production and UCI's Airtex business unit will continue as the Center of Excellence for fuel pumps.

"We are very pleased to now have ASC as an integral part of the UCI family," said Bruce Zorich, chief executive officer of UCI. "We're excited to integrate ASC with our existing water pump business to create a strong global competitor for today's competitive marketplace."

UCI also announced today that, in connection with funding the acquisition, it has entered into an amendment of its existing senior credit facilities, which includes additional borrowings of approximately $115 million.

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