Novi, Michigan – Cooper Standard is acquiring the automotive fuel and brake business of AMI Industries and related companies for an undisclosed amount, the Novi-based company has announced.
While the AMI business in North America was acquired on 15 Aug the acquisition of the China portion of the business is subject to regulatory approval, said a Cooper Standard statement.
Headquartered in Michigan, AMI Industries operates manufacturing plants in Michigan, Indiana and China.
The company was established in 2000 to provide tube products to the agriculture, construction, automotive, heavy truck and marine industries. it expanded into the fuel and brake business in 2008.
“The integration of AMI Industries’ fuel and brake business directly aligns with Cooper Standard’s profitable growth strategy and globally strengthens the Company’s position to further service our customers,” said Jeffrey Edwards, chairman and CEO, Cooper Standard.