Accuride Corporation (NYSE: ACW) has sold its Brillion Iron Works subsidiary to a subsidiary of Metaldyne Performance Group Inc., a provider of highly-engineered components for use in powertrain and suspension applications for the global light, commercial and industrial vehicle markets.
Under the purchase agreement, MPG has acquired from Accuride all of the stock of Brillion Iron Works, Inc., a Delaware corporation, for total cash consideration of $14 million....More
Meritor (NYSE: MTOR) announced the expanded availability of its MFS Series lineup of front non-drive axles to include a deep-drop axle option that offers end users greater flexibility in packaging their vehicles.
“Our MFS Series already offers linehaul and vocational fleets a wide range of options, and the deep-drop feature represents an expansion that will help customers spec their vehicles,” said Joe Muscedere, general manager, Front Drivetrain....More
Grote Industries held a grand opening for its new European headquarters in the Bavarian town of Bogen, Germany.
It will brings new jobs to the area in the form of a technology development and testing center, an expanded manufacturing capability, and a logistics hub for European distribution....More
A no-cost permanent remedy kit – Bendix part number K140496 – is now available to enable repair of Bendix SR-5™ spring brake valves identified in a voluntary safety recall campaign. Bendix is directing impacted vehicle owners to work through their vehicle OEM or an authorized Bendix parts outlet – depending on how each OEM has elected to administer the recall – to obtain this remedy kit....More
New updates to Muncie Power Products, Inc.’s online, product configuration tool – M-Power – are now available.
The Quick Reference and Power Take-Off Designer have been updated with new products. Both tools are easier to use with improved functionality and product compatibility.
The Competitor Crossover tool features more competitor crossovers for power take-offs. M-Power’s Competitor Crossover tool has improved functionality for an easier PTO series crossover....More
DexKo announced that it intends to expand the core business of AL-KO Vehicle Technology based in Kötz, Germany, through the takeover of Winterhoff Group based in Breckerfeld, North Rhine-Westphalia.
Both companies have agreed to this under a contract. With this acquisition, AL-KO is expanding its entire area of the product segments of jockey wheels, couplings and fittings....More
Go To Parts, Wastequip’s OEM parts division, has entered an agreement with McNeilus Truck & Manufacturing, Inc., adding it as a Galbreath parts dealer in Texas, California, Arizona, Nevada, Colorado and Oregon....More