ThyssenKrupp Budd sells aluminum metalcasting facility.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. supplier ThyssenKrupp Budd Co., Troy, Mich., announced the sale of its aluminum casting operations as part of a restructuring plan announced earlier this year. ThyssenKrupp Stahl Co., a subsidiary that produces aluminum castings at metalcasting facilities in Kingsville and Warrensburg, Mo., has been sold to an equity-holding concern, Speyside Equity LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Philadelphia. The sale price was not disclosed. ThyssenKrupp Stahl employs 813 people. "The sale of the aluminum castings operation is in line with restructuring plans ThyssenKrupp AG ThyssenKrupp AG German steel company. The Krupp firm began in 1811 when Friedrich Krupp (1787–1826) founded a steel plant in Essen, and it remained in family hands for a century and a half. (Dusseldorf, Germany) announced for its North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. automotive segment," stated a spokesperson for the company. ThyssenKrupp Budd supplies about 100 vehicle models with sheet metal stampings and assemblies, composite autobody panels and pickup boxes, chassis modules and subframes and bumpers. It operates 30 plants in North America. |
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