Cooper Standard Becomes Largest Chinese Automotive Sealing Manufacturer - aftermarketNews

Cooper Standard Becomes Largest Chinese Automotive Sealing Manufacturer

NOVI, Mich. – Cooper-Standard Holdings Inc., parent company of Cooper-Standard Automotive Inc., has completed its purchase of Huayu Automotive System Co.’s share in Huayu-Cooper Standard Sealing Systems Co. Ltd. Cooper Standard is now 95 percent equity owner of the business with 5 percent retained by the Shanghai Zhaotun Collective Assets Managing Co.

As a result of the transaction, Cooper Standard is now the largest automotive sealing manufacturer in the domestic Chinese market with nine manufacturing facilities and two technical centers, including its recently opened Asia Pacific Technical Center and headquarters in Shanghai.

“The completion of this purchase further solidifies Cooper Standard’s role as the leading sealing systems supplier in the global automotive industry,” said Jeffrey Edwards, chairman and CEO, Cooper Standard. “Our expanded presence in China is a key element of our profitable growth strategy and allows the company to fully support our customers on global platforms and capitalize on growth opportunities in the region.”

You May Also Like

BBB Industries Releases Corporate Sustainability Report

This year, BBB set a goal to decrease its scope 1 and scope 2 emissions by 50 percent before 2027.

BBB Industries Releases Corporate Sustainability Report

BBB Industries announced it released its Corporate Sustainability report. It shows BBB's progress in pursuing and achieving sustainability goals through reducing its environmental footprint and promoting responsible environmental initiatives, the company said.

This year, BBB set a goal to decrease its scope 1 and scope 2 emissions by 50 percent before 2027.

DENSO, Manufacture 2030 Partner to Improve Supply Chain Sustainability

DENSO’s targets include reducing the carbon outputs of its global supply chain by 25%, by the 2030 fiscal year.

Denso
Pollak Introduces New Line of Trailer Connectors and Accessories

The new line of trailer connectors, adapters, extensions and accessories has been specifically designed for towing with light-duty and medium-duty trucks and SUVs. 

Pollak Introduces New Line of Trailer Connectors and Accessories
Anchor Adds More Acura and Honda Coverage

The 10 new part numbers cover more than 2,191,530 applications for model years 2016-2024.

Anchor Adds More Acura and Honda Coverage
Dayco Adds Almost 30 Part Numbers in March

The 29 new part numbers will be available by the end of March for distributors interested in adding to their product coverage.

Dayco Adds Almost 30 Part Numbers to its Portfolio

Other Posts

Bridgestone’s Firestone Rubber Farm Receives Recognition

Bridgestone said its Liberia facility earned the ISCC Plus certification for its efforts in reducing environmental impacts.

Bridgestone’s Firestone Liberia rubber farm receives ISCC Plus recognition
SKF Aims to Eliminate Greenhouse Gas Emissions 

SKF joined and co-funded Mission 0 to help deliver solutions to eliminate GHG emissions in materials, production and end-of-life of passenger cars.

SKF Aims to Eliminate Greenhouse Gas Emissions 
Bendix Releases Technical Materials for ADAS Support

They are designed to help technicians properly set up, inspect and diagnose several components integrated with ADAS.

Bendix Releases New Technical Materials Supporting ADAS and Connected Components
Polestar Performance SUVs on Display in New York

The Polestar 3 and Polestar 4 will be showcased at the NY International Auto Show for the first time.

Polestar Performance SUVs on Display in New York