Gunite acquired by Accuride in purchase of TTI.Aluminum and steel caster Accuride Corp., Evansville, Ind., acquired all business units of Transportation Technologies Industries Inc. CITI CITI Columbia Institute for Tele-Information (Columbia University) CITI Center for Information Technology Integration (University of Michigan) CITI Collaborative IRB Training Initiative ), Chicago, in January. As a result, Accuride now owns former TFI TFI Tobacco Free Initiative (World Health Organization) TFI The Franklin Institute (Philadelphia, Pennsylvania) TFI The Fertilizer Institute TFI Technology Futures, Inc. unit Gunite gun·ite n. A concrete mixture that is sprayed from a special gun over steel reinforcements in light construction. [Originally a trademark.] Noun 1. Corp., Rockford, Ill. Gunite maintains its customer base for iron brake components in the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. . The company retains its name, as well, but attributes ownership to Accuride. Further, no Gunite employees were eliminated by the transaction. Accuride, which supplies wheels to heavy automotive vehicles, now owns multiple casting suppliers to the automotive industry, including Brillion Iron Works, Brillion, Wis. According to Accuride officials, the combined companies will offer the trucking industry a one-stop component sourcing solution and expects to become one of the largest suppliers to the medium/heavy commercial vehicle industry. |
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