Canada’s KSR sold to U.S.-based Angstrom Automotive Group
KSR International, a Ridgetown, Ont.-based automotive parts maker, has been acquired by Angstrom Automotive Group Inc., in a move that expands Angstrom’s product offering, manufacturing footprint, and vertical integration, while deepening business with OEMs.
The terms of the deal have not been disclosed.
Headquartered in Southfield, Mich., Angstrom is a Tier 1 full-service supplier to automotive and industrial OEMs, producing electrical, metal and resin components within 17 business units across 35 plants globally. The company’s existing Canadian operation, Angstrom Fibre Canada, is located in Brantford, Ont.
KSR was founded in 1948 and makes brake, clutch and accelerator pedal modules, also for Tier 1 OEMs. The company has more than 50 patents granted worldwide and manufacturing and engineering facilities in Michigan, Mexico, England, Germany, the Czech Republic, and China.
【Copyright and Disclaimer】The above information is collected and organized by PlastMatch. The copyright belongs to the original author. This article is reprinted for the purpose of providing more information, and it does not imply that PlastMatch endorses the views expressed in the article or guarantees its accuracy. If there are any errors in the source attribution or if your legitimate rights have been infringed, please contact us, and we will promptly correct or remove the content. If other media, websites, or individuals use the aforementioned content, they must clearly indicate the original source and origin of the work and assume legal responsibility on their own.
Most Popular
-
Join the K Exhibition Feast | 2025 Mold-Masters Latest Technology Highlights Quick Dispatch
-
Wave of Chemical Plant Shutdowns Spreads Across Europe! Dow, INEOS, and Trinseo Shut Down Again! The Plastic Market Is in the Red
-
Metal Stamping Supplier Autokiniton to Close Detroit Plant and Lay Off Workers
-
List Released! Mexico Announces 50% Tariff On 1,371 China Product Categories
-
Tesla's China Prepares 'Simplified' Model, High-Performance Plastic Applications Worth Anticipating
