ArvinMeritor has announced that it has sold its Light Vehicle Systems (LVS) Columbus, Ind., automotive stampings and components manufacturing operation to privately-owned Columbus Components Group (CCG), LLC. The terms of the transaction were not disclosed.
"ArvinMeritor is committed to rationalizing its operations so it can focus on its core automotive businesses," said Keith Warf, vice president of global operations for LVS Emissions Technologies. "The facility has been the primary supplier of high-quality exhaust stampings and welded assemblies for the company's U.S. and Canadian exhaust systems plants. It will continue to do so through a multi-year supply agreement with CCG, thereby providing employees with tremendous growth opportunities."
"This acquisition promises to be an exciting addition to our portfolio of companies in the transportation components sector," said Rick Bohn, chief operating officer for CCG. "We are looking forward to working with the Columbus team on developing robust growth strategies that will further enhance the value provided to current and future customers."
The Columbus facility also supplies metal-stamped engine and inflatable restraint components for customers external to ArvinMeritor and provides tool treatment services through the Arvin TD Center.
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