HAYES'DUTCH UNIT ACQUIRES SUPPLIER
DETROIT - A subsidiary of Hayes Lemmerz International Inc. of Romulus, Mich., has completed its acquisition of Metaalindustrie Bergen BV of the Netherlands. The acquisition is expected to help the Hayes Lemmerz subsidiary, Metaalgieterij Giesen BV of the Netherlands, increase its machining capacity and speed its growth in Europe. The subsidiary makes finished aluminum cast products for the automotive and heavy-truck industries. Terms of the transaction were not disclosed.
ASHA BECOMES McLAREN
SANTA BARBARA, Calif. - ASHA Corp. has changed its name to McLaren Automotive Group Inc. following its acquisition of McLaren Engines Inc. of Livonia, Mich., in January. McLaren Automotive Group now is the parent of ASHA Engineering and McLaren Engines. Wiley McCoy was named president and COO of the group. He retains the divisional job of president of McLaren Engines. Lawrence Cohen was elected chairman of the group. He had been vice chairman. Jack McCormack, ASHA's former chairman, president and CEO, has retired but will remain as a consultant and board member for one year. The company markets and licenses traction-control devices used by New Venture Gear Inc. for 1999 Jeep products.
IRVING, Texas - i2 Technologies Inc., a developer of manufacturing software, said it has reached an agreement with Ford Motor Co. to license software for the automaker's Woodhaven, Mich., stamping plant. i2 said Ford will use the software to plan and schedule blanking, stamping and assembly operations.
D/C GETS NEW BRACKET
DETROIT - InMold Corp. of Troy, Mich., has introduced what it says is the first thermoplastic steering column support bracket. The nylon product was developed in partnership with DuPont Automotive and DaimlerChrysler. The part was introduced in midproduction on 1999 DaimlerChrysler minivans.
FUEL CELL VENTURE
HOUSTON - Texaco Inc. has formed a venture to explore the fuel-cell business with California officials. The California Fuel Cell Partnership will test specially designed vehicles on state highways. Texaco plans to place about 40 passenger cars and 25 buses powered by fuel cells on the road between 2000 and 2003.