USA: Koehler sells High Quality Plastics to Freudenberg-NOK
Freudenberg-NOK has acquired High Quality Plastics (HQP) -- a specialised designer and producer of polytetrafluoroethylene (PTFE) seals used in automotive transmissions and industrial products -- from Koehler Brothers of Findlay, Ohio. Terms of the sale were not disclosed. Founded in 1978, HQP produces more than a quarter of a billion parts annually and employs approximately 130 people at a 52,000-square-foot facility in Findlay.
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