Jul 2 2013
Diversified metal component manufacturer JD Norman Industries, Inc. has announced the acquisition of two subsidiaries of Federal-Mogul Corporation. The business units include a connecting rod machining operation in Windsor, Ontario and a camshaft casting foundry in Lydney, England. That transaction was finalized on June 28. Terms of the transaction were not disclosed.
"The acquisition of the Lydney and Windsor businesses will advance JD Norman's strategic vision of building a global manufacturer with world class capabilities and service," said Justin D. Norman, president and CEO, JD Norman Industries, Inc. "By adding two key powertrain products in connecting rods and camshafts and new plant locations in Canada and the United Kingdom, JD Norman adds diversification and new markets to our portfolio."
The Windsor operation is a manufacturer of fully-machined connecting rods and the Lydney facility manufactures chilled iron camshaft castings. Both businesses supply engine platforms for global original equipment manufacturers in the automotive and transportation industries.
"It is our intention to fully integrate the businesses into JD Norman and continue to provide customers with a high level of quality and service," explained Norman. "We are excited about the addition of the talented teams in Canada and the U.K."
For more information on JD Norman Industries, visit www.jdnorman.com.
Source: http://www.jdnorman.com/