By Liz White, ERJ staff
Novi, Michigan-Cooper-Standard Automotive Inc. has announced that it recently finalised the purchase of a Mexican automotive hose plant from Gates Corp. The unit is the Enfriamientos de Automoviles, SA de CV plant, in Atlacomulco.
Strategically this acquisition adds to our core capabilities of supporting our automotive customers throughout the world. It does so in a manner consistent with our overall growth initiatives, by continuing to diversify our customer base,â€ said Jim McElya, ceo of Cooper-Standard Automotive, in Cooper-Standard’s statement.