DETROIT - Delaco Steel Corp. has agreed to buy majority control of Kasle Steel Corp.'s Quality Coil Processing plant in Woodhaven, Mich. Terms were not disclosed.
Delaco will make steel blanks at the plant for car exteriors.
Delaco, a division of the Diez Group of Dearborn, Mich., will own 51 percent of the plant and Kasle 49 percent. The agreement is expected to be final in October.