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Supply and Demand.

As the auto industry goes global, companies are gaining business, building plants across the world and creating joint ventures. Following are the most recent changes.

NORTH AMERICA

GKN Acquires Sintered

GKN Sinter Metals of Auburn Hills, Mich., acquires Sintered Metal Components of Bellville, South Africa. Sintered Metal makes shock absorber components, sprockets, brake pedal bushes and spacers.

Textron Forms JV

Textron Automotive of Providence, R.I., establishes a joint venture named Textron Breed Automotive S.r.l. The cockpit and airbag systems venture includes Florida-based Breed Technologies and Magneti Marelli of Italy. Breed will acquire a 60% interest in the company with Breed holding 30% and Marelli 10%.

PPG Acquires Imperial

PPG Industries of Pittsburgh, Pa., acquires German-based Imperial Chemical Industries. Imperial is an original equipment specialty coatings business. The transaction is subject to approval of German merger control authorities.

Woodbridge Opens Plant

The Woodbridge Group of Troy, Mich., opens a new 76,000 square-foot manufacturing facility in Sarnia, Ontario, Canada. The facility will manufacture Enerflex, an energy-absorbing polyurethane foam.

LucasVarity Builds

LucasVarity builds a plant in Queretaro, Mexico. The 157,000 square-foot facility is scheduled to be complete in fall of 1999, at which time Lucas will begin to transfer production from an existing facility to the new location.

Eagle-Picher Acquires Carpenter

Eagle-Picher of Hillsdale, Mich., acquires Carpenter Enterprises of Traverse City, Mich. The acquisition expands its component design and manufacturing offerings for engine, chassis and suspension systems, says the company.

Lear Acquires UT

Lear Corp. of Southfield, Mich., acquires United Technologies Automotive for $2.3 billion. Lear is a supplier of automotive interiors.

Molex Agreement With Cardell

Molex Inc. of Lisle, Ill., acquires Cardell Corp. of Auburn Hills, Mich. Molex manufactures electronic components. Cardell supplies connectors to Tier 1 manufactures of harnesses.

Walbro Merges With TI

Walbro Corp. of Auburn Hills, Mich., merges with TI Group of London, England, pursuant to which Walbro will become a wholly-owned subsidiary of TI Group. Walbro is an automotive and small engine fuel storage and delivery systems and components company.

Continential, Delco Forge Alliance

Continental AG of Hannover, Germany, and Delco Remy International of Anderson, Ind., enter into an alliance to produce motors for use in the new Integrated Starter Alternator Damper (ISAD). ISAD combines the starter and alternator functions in one unit.

Lear Sells EMS

Lear Corp. of Southfield, Mich., sells Electric Motor Systems (EMS) to Johnson Electric Holdings. EMS is a supplier of automotive electric motors and start motors for small gasoline engines.

Durr Earns Contract

Durr Industries of Plymouth, Mich., win supply the ovens and the Regenerative Thermal Oxidizer (RTO) abatement system to DaimlerChrysler's new Jeep plant in Toledo, Ohio. Durr will install the E-coat, powder prime and color I and 2 ovens.

Akebono Opens Headquarters

Akebono Corp. of Farmington Hills, Mich., dedicates its new headquarters. The 78,000 square-foot headquarters will conduct research and develop and test brake components.

BMW Expands

BMW Group of Oxnard, Calif., constructs a $28 million engineering and vehicle emission-testing center. The new center will serve both BMW and Land Rover in North America.

Peugeot, Siemens Joint Development

PSA Peugeot Citroen of France and Siemens Automotive SA of Auburn Hills, Mich., sign an agreement to create a joint venture to design, engineer, manufacture and market direct injection gasoline pumps. PSA will own 48% of the company and Siemens 52%.

Hidden Acquires French

Hidden Creek Industries of Minneapolis, Minn., acquires controlling interest in J.L. French. Automotive Casting of Sheboygan, Wis. French designs and manufactures aluminum die cast automotive parts.

Behr Builds

Behr of Walled Lake, Mich., builds a facility to house the operations for the development, design, engineering, testing and manufacture of engine cooling fans and clutches. The 60,000 square-foot facility will be located in Webberville, Mich.

Lamb Breaks Ground

Lamb Body & Assembly Systems of Warren, Mich., dedicates its headquarters in Chesterfield Township, Mich. The facility includes a 250,000 square-foot assembly production facility and 62,000 square-feet of office space that houses engineering, project management and training.

DRA Signs Contract

Delco Remy America (DRA) of Anderson, Ind., signs a multi-year contract with GM to supply starting motors. The contract runs through 2008.

Delphi Invests

Delphi Automotive Systems of Troy, Mich., invests $14 million in its ASEC manufacturing facility located in Port of Catoosa, Okla.

PICC, Harison Merge

Pacific Industrial Components Corp. (PICC) of Valencia, Calif., a supplier of automotive lamps, signs agreement to merge with Harison Electric USA of Southfield, Mich.

Milwaukee Wire Breaks Ground

Milwaukee Wire Products of Milwaukee, Wis., a manufacturer of fluid-level indicators, breaks ground on a new plant. The plant will be operational by January 2000.

Mercedes Invests

Mercedes-Benz U.S. of Tuscaloosa, Ala., opens a parts consolidation center. The Mercedes-Benz Consolidation Center -- America will enable the company to ship M-Class parts to Graz, Austria for final assembly and to the rest of the world for M-Class service maintenance.

Industrial Acquires MacLean-Fogg

MacLean-Fogg Comp. of Mundelein, Ill., acquires Industrial and Automotive Fasteners (I&AF) of Ann Arbor, Mich. I&AF specialize in wheel fastening solutions. MacLean-Fogg manufactures fasteners, components, connectors and insulators.

ASIA

Honda Boosts Thailand

Asian Honda Motor Co. establishes a new production, engineering subsidiary - Honda Engineering Asian Co. The new company will develop production equipment for the Thai plant and for Honda facilities in other ASEAN markets.

EUROPE

Visteon Expands Globally

Visteon Automotive Systems acquires European-based Plastic Omnium. The automotive interior business of Plastic Omnium currently services Renault and Renault Vehicles Industrials, Peugeot-Citroen, Fiat Group, Nissan, Honda, Volkswagen/Seat and others.

Bosch and Magneti Marelli Form JV

Robert Bosch GmbH of Stuttgart, Germany, and Magneti Marelli SpA of Milan, Italy, agree to establish a 50-50 joint venture in the automotive lighting technology. The joint venture will be headquarted in Austria.

Behr, Sverdrup Collaborate

Sverdrup Technology of Tullahoma, Tenn., will work on a climatic wind tunnel that provides Behr with testing capabilities. The facility is being built near Stuttgart, Germany, and will be complete in late 2000.

PPG Acquires Imperial

PPG Industries of Pittsburgh, Pa., acquires German-based Imperial Chemical Industries. Imperial manufactures specialty coatings.

Teklogix Signs Contract

Teklogix of Richmond, British Columbia, signs a $4.3 million contract with Delphi Automotive Systems in Paris, France. With Teklogix, Delphi can use barcode labels to report both production and warehouse activities to its SAP R/3 Enterprise Resource Planning (ERP) system, says the company.

SOUTH AMERICA

Renault Invest In Brazil

Renault lays the foundation for a new engine plant set to open in the beginning of 2000. This plant with an annual production capacity of 280,000 units plans to produce the K (1.6 L), and D (1 L) series engines.

Valeo Sells Glass Business

The Valeo Group of Paris, France, will sell its stake in Prismatic of Sao Paulo, Brazil. Prismatic manufactures glass lenses for headlamps.
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Publication:Automotive Industries
Date:Jun 1, 1999
Words:1129
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