PRINCETON, N.J. - Exide Technologies announced plans to produce original-equipment batteries for various 2002 Chrysler and Dodge vehicles.
The batteries will be produced in Exide's Bristol, Tenn., facility. They will supply Chrysler group assembly plants in Michigan, Missouri, Illinois, Delaware and Ontario.
Viking, Shiloh reach agreement
CLEVELAND - Shiloh Industries finalized a deal to sell a majority share in subsidiary Valley City Steel Co. to Viking Industries. The asset-sale totals $12.4 million in cash.
The resulting joint venture gives Viking 51 percent interest in Valley City Steel, while Shiloh will maintain 49 percent. The Valley City, Ohio, steel producer employs 115 people.
JCI to build plant
DETROIT - In early 2002, Johnson Controls Inc. will break ground on a 120,000-square-foot manufacturing plant in Canton, Miss., that will produce interior systems for Nissan North America.
The facility, which will employ approximately 300 people, will supply the Nissan truck plant two miles away.
Johnson Controls' automotive division operates 285 plants worldwide.
PPG opens facility
FLINT, Mich. - PPG Industries recently began production at its electrode position coating application center. The facility cost $6 million to build.
The 15,500-square-feet center houses two 28-gallon e-coat tanks for the dipping of vehicle bodies.
BorgWarner agrees to venture
CHICAGO - BorgWarner Morse and India's TI Diamond Chain agreed on a joint venture, with BorgWarner maintaining the majority position.
BorgWarner made the move, in part, to adjust to India's enactment of EURO II emission standards, according to President Roger Wood. A small-pitch silent chain lessens the burden of adjustment.
BorgWarner Morse manufactures automotive chain systems and components.
Johnson acquires MC
MILWAUKEE - Johnson Controls Inc. acquired MC International. Terms of the deal were not disclosed.
With annual sales of $200 million, MC International produces refrigeration and air conditioning systems for customers in Europe.
Johnson will add MC International's 1,600 employees to its own employee base of 8,000.
Global Technovations gets order
PALM BEACH GARDENS, Fla. - Global Technovations received its first purchase order from Jiffy Lube International for 154 of its MotorCheck oil analysis units.
The units will be placed in assorted Jiffy Lube-owned oil change centers throughout North America.
The deal was part of an agreement for Global Technovations to send 1,000 of the units to Jiffy Lube by the end of 2002.
Global Technovations supplies oil and gasoline analyzers for the automotive, truck and heavy-duty equipment service markets.
Siemens to sell Sachs
FRIEDRICHSHAFEN, Germany - Siemens agreed to sell automobile supplier Sachs Automotive to ZF Friedrichshafen. The move will increase ZF's sales volume from $5.7 billion to $7.6 billion and its employee base from 37,000 to 55,000.
Sachs has 54 locations worldwide. ZF will acquire Sachs' powertrain, chassis, rubber-metal and Sachs Handel divisions.
ZF Friedrichshafen has facilities in 18 countries and supplies vehicle manufacturers.
Info supplier to relocate
AUSTIN, Texas - Digital Motorworks announced plans to open offices in the Detroit area in the last quarter of 2001. The offices will operate out of Southfield, Mich. The move was made to improve the flow of information from Digital Motorworks to its automotive customers, including General Motors and Ford Motor Co.
Digital Motorworks supplies information management for the automotive industry. Headquarters will remain in Austin.
Dana gets help from Cognos
BURLINGTON, Mass. - Dana Corp. hired Cognos to install a business intelligence solution for its traction technologies group. Dana will use Cognos to build and maintain a central data repository that can be accessed from the Web.
The move is expected to improve efficiency in the construction of reports.
Detroit Diesel goes online
MILL VALLEY, Calif. - Detroit Diesel hired SoftAd Group to build an online parts catalog to increase efficiency.
Detroit Diesel wants to eliminate archaic, hard-copy parts catalogs, and be able to change and update parts offerings at any given time.
Axis possibly on block
DECATUR, Ga. - Allied Holdings is discussing a possible sale of its subsidiary Axis Group to Bear, Stearns & Co.
Axis is a service provider for the finished vehicle logistics services market in the United States.
Survey ominous for suppliers
More than three-quarters of the auto industry's Tier 1 supply base plan to cut their suppliers, with an average of one out of every five of those lower-tier suppliers taking a hit, according to a new survey.
The Environmental Research Institute of Michigan's Center for Automotive Research last week said its survey of 16 companies indicates 77 percent of them will cut their supplier lists by an average of 21 percent. The trimming of Tier 1 suppliers' supply base is expected within three years.