Alco Plastics Acquired by Industry Veteran William Kozyra

Alco Plastics Acquired by Industry Veteran William Kozyra

Kozyra purchased the business from Dan Conway, the second-generation family owner of Alco.

Alco Plastics Inc., an established automotive supplier of plastic injection molded components and assemblies has been acquired by global automotive executive William L. Kozyra, former CEO of TI Fluid Systems.

Kozyra will take charge of Alco Plastics based in Romeo, Michigan, as chairman effective immediately. The acquisition closed on July 9. Financial terms of the private transaction are not being disclosed. Kozyra purchased the business from Dan Conway, the second-generation family owner of Alco, which was founded by his father Adrian Lee Conway in 1976.

“We are pleased and honored to become the new owners and operators of a high-quality and successful automotive supplier Alco Plastics. This is a great company that the Conways and their employees have built over the years. We will continue the Alco tradition of excellence in quality product, service and support of valued employees,” said Kozyra.

Kozyra added that he intends to manage the business as a multi-generational “family-run” enterprise and announced that his son, 37-year-old William E. Kozyra II, will be the company’s president and will run the day-to-day business operations. Like his father, William Kozyra II, has established an enterprising career in the automotive Industry, having worked for the past 18 years in various manufacturing, purchasing and logistics positions for OEM and Tier 1 and Tier 2 automotive suppliers.

“I’m pleased to have the Kozyra family be the new owners of Alco Plastics as they come well qualified to take over as I retire after 50 years of working with my father in this great business. To have this business continue as a father-son and valued employee enterprise is fantastic,” said Conway.

Kozyra, who retired last year as the CEO of TI Fluid Systems had also previously served as president North America for Continental AG. Kozyra helped lead the company’s global growth with acquisitions of Motorola Automotive and Siemens Automotive and integrated the companies into the global German-based company’s operations. Kozyra formed a new company shortly after his retirement from TI Fluid Systems, Model Craft Inc., which now serves as the parent and holding company to Alco Plastics.

Model Craft was also the name of his father’s business back in the 1960s, where Bill Kozyra started working at age nine. Model Craft was a family owned producer of wood die models and patterns for the OEMs from 1961-1985.

You May Also Like

MPA Launches Vendor Supply Chain Financing Program

The online platform will provide suppliers with visibility of payment for approved invoices and early payment options.

MPA logo

Motorcar Parts of America, Inc. announced it has launched a vendor supply chain financing program designed to enhance payment terms and improve cash flow for both valued vendors and the company. The platform will be administered by a FinTech company, which services suppliers in more than eighty countries in multiple currencies, MPA said. The company said it is engaging a syndicate of supply chain financing institutions to support the extension of terms for its accounts payable.

WAI Releases 25 New Part Numbers

This latest release provides coverage for more than 19.5 million VIO.

Dayco Initiates R&D Project on Rubber in Manufacturing

Dayco submitted an R&D project focusing on the reuse of devulcanized rubber in the design of auto parts.

Dayco rubber study R&D
Tire Industry CEOs Commit to Sustainability Work Plan

CEOs from 10 global tire manufacturers are committing to efforts to research tire emissions.

WESTAR Releases Drive Unit Mounts for EVs

The company released 19 new mounts, all for EV applications.

Other Posts

Iveco, Hedin Mobility Sign Share Purchase Agreement

Hedin Mobility Group will acquire Iveco Group’s distribution and retail operations in Sweden, Norway, Finland and Denmark.

Edelmann Elite Releases Universal Coolers

The coolers bring OE-quality, improved performance and easy installation to the aftermarket.

SMP Announces Product Category Expansion

Standard Motor Products says it is committed to expanding powertrain-neutral product categories.

Plews & Edelmann Adds Magnasteer Rack and Pinion Units

The new Edelmann Elite racks are designed for select GM vehicles and give alternatives for replacing GM Magnasteer systems.

Plews and Edelman Magnasteer_