Neapco Announces New Executive Team
New executive assignments have been made to support the company’s rapid growth.
Neapco Establishes New Subsidiary
New corporate structure took effect March 1.
Ford, ACH and Neapco Drivelines Sign Final Agreements for Sale of Automotive Components Holdings’ Driveshaft Business
Ford Motor Company, Automotive Components Holdings (ACH) and Neapco Drivelines have signed definitive agreements for the sale of the ACH driveshaft business currently located in the ACH Monroe (MI) Plant. This announcement follows the recent UAW ratification of the collective bargaining agreement negotiated with Neapco. Neapco is opening a 345,000 square foot state-of-the-art manufacturing facility in Van Buren Township, MI. Approximately 300 salaried and hourly employees from the Monroe Plan and associated technical and support staffs are being offered positions at the new facility.
Neapco to Buy Ford Auto Parts Plant
From AFX News Limited DEARBORN, MI — Ford Motor Co. has entered into an agreement to sell a Michigan auto parts plant to an affiliate of a China-based company, while it has closed the sale of a Mexico factory to another company. Financial terms for both transactions were not disclosed. Neapco LLC, a North American
United Components Sells Neapco and Pioneer Units
United Components, Inc. (UCI) has completed the sale of its Neapco, Inc. and Pioneer, Inc. business units. The combined sale price for the two transactions was approximately $36 million, subject to post-closing adjustments. According to Bruce Zorich, CEO of UCI, the divestitures are consistent with UCI’s new “Centers of Excellence” strategy and allow the company to devote full focus and attention on its core automotive aftermarket businesses: Airtex Products (fuel systems), Champion Laboratories (filtration), Wells Manufacturing (engine management) and ASC Industries (cooling systems).
NEAPCO Selects Omnitek as Service Provider
Driveline component manufacturer NEAPCO Inc. has selected Omnitek as its service provider to handle its automotive data requirements.
OESA Board Of Directors Elects Jon DeGaynor For 2018-’19 Term
OESA also announced the election of Ramzi Hermiz, president and CEO, Shiloh Industries Inc., as chairman of the board; Françoise Colpron, group president, Valeo North America; and Ken Hopkins, president and CEO, Neapco Holdings LLC, as vice chairs for 2018-‘19.
The Importance Of Business Intelligence On Decision-Makers When Doing Business In China
In this audio interview from GlobalBusinessProfessor.com, Xiaodong Han, supply chain expert and president of Shanghai-based Taichi, discusses why it is critical to develop good intelligence on decision-makers and what are the key components of such intelligence.
Tidewater Fleet Supply Named to Inc. Magazine’s List of Fastest-Growing Private Companies
Company ranks No. 4008 on the 2012 Inc. 500|5000 with three-year sales growth of 36 percent.
The Best in Cataloging Recognized by NCMA
CARDONE, DENSO and International Brake Industries take top honors.