Exhaust supplier to double capacity
ANN ARBOR, Mich. - Exhaust system supplier Bosal Interna-tional North America of Ann Arbor plans to double its manufacturing capacity as a result of receiving new contracts from General Motors and others.
Bosal, owned by Bosal Interna-tional NV of Lummen, Belgium, is expanding its three U.S. plants; its Queretaro, Mexico, factory; and its Ann Arbor technical center after contract awards from GM, Delphi Automotive Systems Corp. and Visteon Automotive Systems for exhaust components. The company put the value of the contracts at more than $50 million through the 2005 model year.
TRW TO SELL WIRING UNIT
CLEVELAND - TRW Inc. of Cleveland has agreed to sell its wiring systems business to Leoni AG of Nuremberg, Germany. Terms were not disclosed.
The unit, Lucas Rists of Newcastle-under-Lyme, England, supplies wiring harnesses, cable, high-tension leads and battery cables to several European carmakers. It is one of several TRW business units tagged for divestiture last year.
FORD PICKS SEAT FIRM
LOS ANGELES - Ford Motor Co. has chosen Amerigon Inc. of Irwindale, Calif., to supply its climatic seat technology. The agreement is for five years. Amerigon's system, which heats and cools vehicle seats, debuted with Ford last year as an option on the 2000 Lincoln Navigator. Amerigon has begun shipping the systems to Johnson Controls Inc., which supplies the Navigator's seats.
MOLEX TO BUY AXSYS UNIT
CHICAGO - Molex Inc. of Lisle, Ill., a supplier of connectors to the automotive and other industries, has agreed to pay $31.8 million for the Beau Interconnect business of Axsys Technologies Inc.
Beau Interconnect of Laconia, N.H., produces electronic connectors that join electrical wires on products. Beau is owned by Axsys of Englewood, N.J.
WESCAST WINS GM CONTRACT
BRANTFORD, Ontario - Wes-cast Industries Inc. of Brantford has been awarded the contract to supply cast and machined stainless steel exhaust manifolds for General Motors' 8.1-liter GMT 800 heavy-duty pickup truck program.
The program begins in July and is expected to generate $14 million in additional annual revenue for Wescast. The company plans to invest more than $8 million in program preparation. Wescast supplies iron and steel exhaust manifolds for automakers.
UNI BORING ADDS PLANT
DETROIT - Uni Boring Co. Inc. of Howell, Mich., a supplier of machining and powertrain components has opened its third plant.
The new Canton, Mich., factory will make V-8 and V-10 engine cylinder heads for use in Ford F-series trucks, E-series vans, Expeditions and Excursions and Lincoln Navigators. The Canton plant also will supply engine front covers for DaimlerChrysler next year.