Southfield-based Metaldyne Performance Group Inc., a provider of engineered components for use in powertrain and suspension applications for the global light, commercial, and industrial vehicle markets, has acquired Wisconsin-based Brillion Iron Works, a business unit of Accuride Corp. Terms of the deal were not disclosed.
Company officials with MPG say Brillion Iron Works, which specializes in casting design and production of ductile iron products for the heavy- and medium-duty truck, industrial machinery, and construction equipment markets, complements the company’s existing casting business. Founded in 1890, Brillion has some 1,000 workers.
MPG manufactures gray and ductile iron castings and machines iron, aluminum, and steel components for the transportation and industrial markets.
“MPG has completed 10 acquisitions over the past decade and we have successfully integrated all of them,” says George Thanopoulos, CEO of MPG. “Our customers are very supportive of this bolt-on transaction given our successful history of acquisitions and the current depressed state of the industrial and heavy truck markets.”
MPG has a global footprint spanning more than 60 locations in 13 countries across North and South America, Europe, and Asia. The company has 12,000 employees.