TRW sells stake in unit
NEWCASTLE-UNDER-LYME, England - TRW Inc. has completed the sale of its 50 percent stake in Lucas SEI Wiring Systems to its joint-venture partner, Sumitomo Electric Industries of Japan. Formed in 1990, Lucas SEI served Japanese carmakers in Europe. Its sister company - Lucas Rists Wiring Systems - supplies wiring harnesses, cables and high-tension battery leads to European automakers. Cleveland-based TRW has put Lucas Rists, a wholly owned subsidiary, up for sale.
SPX SELLS ACUTEX
MUSKEGON, Mich. - SPX Corp. has signed a definitive agreement to sell its Acutex division to Hilite Industries Inc. of Cleveland. Terms of the agreement were not disclosed. The Acutex division, with sales of $45 million, makes solenoid valves for automatic transmissions. It has a factory in Whitehall, Mich. SPX is based in Muskegon.
NMB OPENS TECH CENTER
WIXOM, Mich. - NMB Technologies Corp. has opened a technical center here. The 17,000-square-foot center tests bearings and motors. Based in Chatsworth, Calif., NMB makes throttle assemblies, antilock brake systems, starters, alternators, wiper motors and cooling fan motors.
OXFORD BUYS STAMPER
DETROIT - Oxford Automotive Inc. has purchased Gebr. Wachenhut GmbH, a Nagold, Germany-based stamper that supplies DaimlerChrysler, Audi, VW and BMW. Wachenhut, with annual sales of $61 million, has three plants in Nagold where it makes stampings and assemblies. The purchase price was not disclosed.
Oxford, based in Troy, Mich., has been an active consolidator in the metal stampings business. Early this year, the company acquired Cofimeta Group, a stamper with $200 million in annual sales and five plants, from France's Groupe Valfond SA.
PLYMOUTH, Mich. - Seals and components supplier Freudenberg and NOK Group Cos. has established a North American brake hose assemblies group. The venture is part of the company's recently established New Business Develop-ment Group. The assemblies are used on hydraulic braking systems.
Freudenberg and NOK CEO Joseph Day received two honors recently. He was inducted into the Shingo Prize for Excellence in Manufacturing Academy, in recognition of his efforts to promote excellence in lean manufacturing throughout the automotive industry.
Day also was inducted into the Francis Academy of Distinguished Engineers at his alma mater, the University of Massachusetts-Lowell. In return, Freudenberg and NOK donated $250,000 to establish 12 scholar-internships within the school's elastomer program.
MORE SHINGO INDUCTEES
COLUMBUS, Ohio - Other 1999 inductees into the Shingo Prize academy include: James Padilla, group vice president of manufacturing at Ford Motor Co.; J.T. Battenberg III, chairman of Delphi Automotive Systems Corp.; Masaaki Imai, chairman of the Kaizen Institute of Japan; and George Koenigsaecker, president of HON Co.
Inductees were honored during the 11th Anniversary Shingo Prize Conference earlier this year. The Shingo Prize for Excellence in Manufacturing is administered by Utah State University in partnership with the National Association of Manufacturers.
GEON ADDS O'SULLIVAN
CLEVELAND - Geon Co. of Avon Lake, Ohio, has agreed to purchase O'Sullivan Corp. of Winchester, Va., for about $191 million. O'Sullivan, a supplier of engineered automotive polymer films, has about 940 employees. The company had $163 million in sales in 1998. Geon Co. employs nearly 2,000 people and supplies polymer services and technology. Geon projects 1999 revenues of more than $1 billion, before acquisitions.
DETROIT - Federal-Mogul Corp.'s Lighting Products group plant in Avilla, Ind., has received the State of Indiana Quality Improvement Award. The Avilla plant received the award for improvements in on-time delivery, inventory reduction and management's implementation of kaizen practices. The award is administered by the Indiana Business Modernization and Technology Corp. Federal-Mogul, based in Southfield, Mich., supplies powertrain and sealing systems.
DANA PLANTS HONORED
TOLEDO, Ohio - Dana Corp.'s Long Manufacturing facilities in Cambridge, Mississauga and Oakville, Ontario, were awarded Pollution Prevention Pledge Program certificates by the Ontario Ministry of the Environment. The program recognizes companies for voluntary efforts to prevent pollution, reduce toxic emissions and waste, and integrate environmental principles into business decision-making.
Dana's Cambridge plant also has received the Silver Business Award in the Outstanding Business Category by the Recycling Council of Ontario for its efforts to reduce waste in 1998. The Cambridge plant produces coolers for vehicles equipped with automatic transmissions.
Dana, based in Toledo, Ohio, supplies products for vehicle and engine manufacturers and the aftermarket.
QS-9000: Standard Products Co.'s Standard Products of (Aguascalientes) Mexico.
ISO-9001: Voltek Division of Sekisui America Corp., Coldwater, Mich.; ITW Foamseal, Oxford, Mich.