Months-old TG Manufacturing LLC has purchased the metal-stamping, screw-machining and metal-fabrication company Dorr Industries, TG said today.
The deal, which allows Dorrs employees and management to stay on at offices and two plants south of Grand Rapids, Mich., closed Dec. 31.
The focus is certainly to maintain the business there as it has been the last 50 years, said TG Manufacturing President Richard Achtenberg.
TG Manufacturing, of Lansing, Mich., was incorporated in 2008 as part of the Tora Group, a 2-year-old group of manufacturing companies. The Dorr plants are the first acquired by TG Manufacturing, which is investigating further acquisitions including a slightly larger company in 2009, Achtenberg said.
TG Manufacturing is privately held, and Achtenberg declined to give financial details of the Dorr acquisition.
The Dorr plants supply about 10 industrial sectors, including automotive parts for exhaust systems, engines, chassis, brakes and interiors.