MPG completes strategic acquisition of Brillion Iron Works

Resource from: MPG Likes:215

Sep 06,2016

Metaldyne Performance Group Inc. (NYSE: MPG), a leading provider of highly engineered components for use in powertrain and suspension applications for the global light, commercial and industrial vehicle markets, has announced the strategic acquisition of Brillion Iron Works, a business unit of Accuride Corporation (NYSE: ACW), effective September 2, 2016. The acquisition of Brillion, Wis.-based Brillion Iron Works, which specializes in the casting design and production of gray, ductile and austempered ductile iron products, complements MPG’s existing casting business and capacity. MPG manufactures gray and ductile iron castings and machines iron, aluminum and steel components for the transportation and industrial markets. “MPG has completed 10 acquisitions over the past decade and we have successfully integrated all of them,” said George Thanopoulos, Chief Executive Officer of MPG. “Our customers are very supportive of this bolt-on transaction given our successful history of acquisitions and the current depressed state of the Industrial and Heavy Truck markets.”

(MPG)

【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

Add to My Favorites

[Close the window]

Previous ABB appoints Guido Jouret as Chief Digital Officer
Next ABT Schaeffler FE02 ready for a new season in Formula E

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.