Motus Integrated Technologies, a Holland, Mich.-based Tier 1 and Tier 2 supplier of automotive interior products to automakers, has signed a definitive agreement to acquire Janesville Fiber Solutions in Southfield. Details were not disclosed. Motus plans to close the transaction late in the third quarter.
Janesville produces high-performance engineered acoustical and thermal fiber solutions for automotive applications. It has more than 1,000 associates across locations in Michigan, Mississippi, Missouri, North Carolina, and Mexico.
“With this acquisition, Motus’ portfolio of innovative interior offerings and advanced manufacturing facilities continues to expand and benefit our customers around the world,” says Shannon White, president and CEO of Motus. “Both Motus and Janesville are recognized industry leaders in compression forming. Janesville’s expertise in materials, strong customer relationships, and complementary footprint will enable us to offer our customers more innovative lightweight product solutions that meet increasing demands for interior quality and design innovation.”
Motus offers headliners, automotive interior door and console armrests, and instrument panel trim components to OEMs and Tier 1s. It has more than 2,000 associates across five facilities, and the company is constructing a new $15 million plant in Alabama, which is expected to begin operations in mid-2020.
The company plans to work closely with Janesville and its parent company, Jason Industries Inc., to transition the business. Upon closing, leaders and key members of the Janesville organization will join the Motus leadership team.
“Motus is a good, strategic home for Janesville and its employees,” says Brian Kobylinski, chairman and CEO of Jason. “We are confident that Motus will elevate the business and create more value for our customers through high-performance product offerings.”
Manufacturing facilities in North America and Europe use Motus’ products.
Janesville Fiber Solutions was founded in 1874.
Jason Industries is the parent company to a global family of manufacturing companies within the finishing components, seating, and acoustic markets. It employs more than 4,200 people in 14 countries.