Cooper-Standard Automotive Acquires Mexico Hose Facility from Gates Corporation - aftermarketNews

Cooper-Standard Automotive Acquires Mexico Hose Facility from Gates Corporation

Cooper-Standard Automotive Inc. recently completed the acquisition of Gates Corporation's Enfriamientos de Automoviles, S.A. de C.V. manufacturing facility located in Atlacomulco, Mexico.

NOVI, MI — Cooper-Standard Automotive Inc. recently completed the acquisition of Gates Corporation’s Enfriamientos de Automoviles, S.A. de C.V. manufacturing facility located in Atlacomulco, Mexico.

“Strategically this acquisition adds to our core capabilities of supporting our automotive customers throughout the world. It does so in a manner consistent with our overall growth initiatives by continuing to diversify our customer base,” said Jim McElya, CEO of Cooper-Standard Automotive.

The operation in Mexico has annual sales of approximately $25 million and manufactures low pressure heating and cooling hose, principally for the OEM automotive marketplace.

Cooper-Standard Automotive Inc., headquartered in Novi, MI, is an automotive supplier specializing in the manufacture and marketing of systems and components for the global automotive industry. The company is privately held by partners The Cypress Group and Goldman Sachs Capital Partners.

_______________________________________

Click here to view the rest of today’s headlines.

You May Also Like

AP Emissions Releases January New Part Number Update

Coverage available for Dodge, Chrysler, Ford, Land Rover, Toyota, Lexus, Mazda and Mercedes-Benz vehicles.

AP Emissions Technologies (AP), a Marmon Holdings Berkshire Hathaway company, has announced the release of 11 new 46-state Federal EPA part numbers.

The release includes direct-fit EPA converters covering more than 6.6 million vehicles in operation (five of these 11 direct-fit converters are exhaust manifold with integrated catalytic converters). January’s release supports the company’s commitment to add new part numbers on a continuous basis.

NRS Brakes Offers Galvanized Brake Pads for F-150 Lightning

The brake kits cover both front and rear applications for almost 1.6 million vehicles.

Raybestos Adds New Friction, Rotor, Hydraulics Coverage

The new part numbers cover more than 19 million vehicles in operation (VIO).  

Opus IVS Announces Release of Giotto Software

Giotto release delivers customer requested content and features.

Adient 2022 Sustainability Report Highlights Improvements

The report details the company’s progress on ESG goals and highlights sustainable product innovations.

Other Posts

Rotary’s New XA12 Alignment Scissor Lift

Shops can offer alignment services with bay space to spare, and techs can perform alignments on a wider range of vehicles.

GRI Receives US DOT Certification For Safety

GRI tires will now incorporate the DOT code emboss on its side walls.

Mevotech Adds 2,300+ New Original Grade Part Numbers

Highlights from the new Original Grade release include control arms and ball joints.

TCCI Manufacturing Unveils High-Voltage Electric Compressor

The 850V compressor, unveiled at MACS 2023, is available in 34cc/46cc/60cc/120cc.