TRW Sells Foundry Operations to ACI.TRW TRW The Real World (TV reality show) TRW The Right Way TRW Tactical Reconnaissance Wing TRW The Retriever Weekly (University of Maryland, Baltimore, MD) TRW Thompson Ramo Wooldridge Inc , Inc., Cleveland, has agreed to sell one of its cast brake products plants in Detroit, and a foundry in Ontario, Canada, to American Commercial Industries, Inc. (ACI ACI American Concrete Institute ACI Arch Coal Inc ACI Airports Council International (formerly Airport Associations Coordinating Council) ACI Automobile Club d'Italia ACI American Competitiveness Initiative ). TRW's Detroit braking plant manufactures drums and rotors for 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. . Its Eureka foundry produces gray iron castings used in the production of brake rotors, drums and hubs. These divestments follow a strategic review of TRW's global braking manufacturing facilities. "We are delighted that our Detroit cast brake products plant and Eureka foundry have found a strong strategic buyer," said John Plant, executive vice president and general manager, TRW Chassis Systems. "The new owners are impressed with the caliber of the workforce and its commitment to producing high-quality drums and rotors for automotive customers worldwide." "We are excited with the growth potential of these acquisitions," said ACI President Larry Johnson. "Our intention is to make the transition of ownership seamless so that customers, employees and suppliers will continue to see outstanding service and performance." TRW provides advanced technology products and services for the global automotive, aerospace and information systems markets. TRW Automotive
On 12th December 12 2002, Northrop Grumman acquired TRW Inc. An 80.1% stake (later increased to more than 90%) in TRW Automotive Holdings, including the former LucasVarity Automotive, was spun off to produces braking systems, steering and suspension systems, aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. replacement parts, electronic safety and security systems, occupant restraint systems, engineered fastening systems and engine parts for the global auto industry. ACI, Troy, Michigan Troy is a city in Oakland County of the U.S. state of Michigan. It is a suburb of Detroit. As of the 2000 census, the city had a total population of 80,959, the 12th largest city in Michigan by population. , is part of the American Commercial Holdings Group, which owns interests in the automotive, heavy-duty truck, steel and construction industries. ACI's current product offering includes stampings, chassis baffles and plugs, and remanufactured automotive parts. |
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