Southfield, Michigan based Metaldyne Performance Group Inc. (MPG) has announced the acquisition of Brillion Iron Works, a business unit of Accuride Corporation. MPG is a leading provider of cutting-edge lightweight components used in powertrain and suspension applications for the global light, as well as commercial and industrial vehicles. The firm's manufacturing technologies and processes include aluminium die casting, forging, and powder metal forming in addition to advanced machining and assembly.
Brillion Iron Works specializes in the casting design and production of ferrous metals. Its acquisition by MPG, to be effective September 2, 2016, is expected to improve upon the latter's existing aluminium and other metal casting business and capacity.
"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 has a global footprint spanning more than 60 locations in 13 countries across North and South America, Europe and Asia with approximately 12,000 employees.
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