GRAND RAPIDS, MI --
Gill Industries Inc. has signed a letter of intent to purchase a plant near Mexico City from Johnson Controls that it hopes will significantly increase its presence as an international supplier of precision assemblies and stamped metal products for the automotive, office furniture and utility vehicle industries. Gill Industries supplies stamped products and welded assemblies to customers such as Johnson Controls Inc., General Motors, Herman Miller, Club Car, Continental Teves, Steelcase, Magna and Bosch.
The proposed purchase of the Mexico City plant will boost Gill Industries total employment by more than 300 people and its total manufacturing space by more than 100,000-square-feet. In addition to similar products manufactured by Gill, the Mexico City location brings additional processes, wire and tube bending and products such as seat frames and tracks.
"The acquisition of the Eansa plant fits in very well with Gill Industries' overall product mix and expertise as a global supplier of stamped products and assemblies," said President and COO Richard Perreault. "Our goal is to bring additional business to the Eansa plant as a way of providing the highest quality products to our customers at the best possible price points. The acquisition will help position Gill Industries in a low-cost global environment."
Terms were not disclosed in the sale, which is expected to be completed by Jan. 31.
For more information about Gill Industries, visit: www.gill-industries.com .
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