Brake Parts Inc Finalizes OE Quality Friction Inc. Purchase Ahead Of Schedule
MCHENRY, Ill. – The purchase by Brake Parts Inc LLC (BPI) of the assets of OE Quality Friction Inc. (OEQF) was finalized ahead of schedule on Jan. 28, according to David Overbeeke, president and CEO of Brake Parts Inc. “We are pleased to announce that we have completed our purchase of the assets of OEQF,”
Alcoa Opens Expanded Wheels Manufacturing Plant In Hungary
NEW YORK & SZÉKESFEHÉRVÁR, Hungary – Lightweight, high-performance metals leader Alcoa officially opened its expanded wheels manufacturing plant in Hungary. The larger facility doubles Alcoa’s capacity to produce its Dura-Bright EVO surface-treated wheels compared to 2014 production levels. The expansion will enable Alcoa to meet growing European demand for its lightweight, durable, low-maintenance aluminum truck
Honeywell’s Low-Global-Warming Propellant Powers New Fix-A-Flat And Slime Tire Inflator Products
MORRIS TOWNSHIP, N.J. – Honeywell announced today that its low-global-warming propellant, Solstice Propellant, will be used in Fix-A-Flat and Slime consumer and commercial tire inflators. Accessories Marketing, the world’s largest seller of aerosol tire inflators, has chosen Solstice Propellant to power new ultra-low-global-warming-potential (GWP) versions of its flagship tire inflator products, which are used to
Bosch Completes Acquisition Of ZF Lenksysteme
STUTTGART, Germany – On Jan. 30, the Bosch Group completed its acquisition of ZF Friedrichshafen AG’s 50-percent share in the joint venture ZF Lenksysteme GmbH (ZFLS). The antitrust authorities have approved the acquisition. This means that Bosch now owns all shares in the formerly 50/50 joint venture. The business will be incorporated into the Bosch
Roy Eastham, Griffith Jordan Join Hi-Pad Brake Technology’s Leadership Team
YANTAI CITY, China – Hi-Pad Brake Technology’s President Charlie Shao this week announced two new appointments. Industry veterans Roy Eastham and Griffith Jordan have joined Hi-Pad’s leadership team. Effective Jan. 1, Eastham was named vice president of engineering and Jordan was appointed vice president of sales and marketing. Eastham joins Hi-Pad’s organization after 28 years
Two Auto Suppliers Recognized By HELLA Electronics
PLYMOUTH, Mich. – The Erwin Quarder Group and MONDRAGON Corp. have received Supplier of the Year awards from HELLA Electronics for outstanding performance and quality in 2014. Erwin Quarder was recognized for the overall quality of its products, delivery and technical performance and service support. The company supplies plastic injection-molded components to HELLA facilities in
Optronics Forms Strategic Alliance With Dorian Drake
LAS VEGAS, Nev. — Optronics International, an American offshore vehicle lighting manufacturer, has finalized contract negotiations with export management leader Dorian Drake International Inc. Officials from both companies expressed excitement about the new relationship, which will enable Optronics to gain access to worldwide markets for its lighting products. The news was released at the Heavy
BorgWarner Facility In India Recognized By GM For Quality
AUBURN HILLS, Mich. – BorgWarner‘s manufacturing plant in Manesar, India, was presented with a 2014 Supplier Quality Excellence Award from GM India. The award recognizes top-performing suppliers that meet or exceed GM’s stringent quality criteria for timely delivery, high-quality products, smooth production processes and maintaining quality systems such as ISO/TS16949. “At BorgWarner, we are driven
Dana Divests Its Venezuelan Operations
MAUMEE, Ohio – Dana has completed the sale of its Venezuelan operations, C.A. Danaven, to Manufacturing and Logistics Solutions Ltd., an independent and locally operated company. C.A. Danaven provides drivetrain products primarily to global automotive vehicle manufacturers in Venezuela and has manufacturing and assembly facilities in Valencia and Guacara. The company had sales of approximately
Atlas Copco Ranked 23rd Among World’s Most Sustainable Corporations
STOCKHOLM, Sweden – Atlas Copco has ranked 23rd among the 2015 Global 100 Most Sustainable Corporations in the World index. The list was announced on Jan. 22 at the World Economic Forum in Davos, Switzerland. The company also was listed first overall in the machinery industry. This is the ninth time that Atlas Copco has
ThyssenKrupp Increases Investment In Engine Project At China’s Changzhou National Hi-Tech District
CHANGZHOU, China – On Jan. 19, ThyssenKrupp (China) invested approximately $85 million to build an automotive electronic power steering (EPS) system facility in the Changzhou National Hi-Tech District (CND) Eastern China’s Jiangsu Province. The facility is expected to go into production in 2016. Changzhou is now home to nearly 200 companies engaged in some aspect
Cooper Standard Plans To Restructure European Operations
NOVI, Mich. – Cooper-Standard Holdings Inc., parent company of Cooper-Standard Automotive Inc., has announced plans to restructure its European manufacturing footprint based on current and anticipated market demands. The company aims to further improve Cooper Standard’s European capabilities by removing excess capacity, improving cost structure and shifting some production to its Eastern European facilities. Actions
