FARMINGTON HILLS, Mich. (Jan. 9)—GenCorp Vehicle Sealing has changed its name to GDX Automotive following its recently completed purchase of the Draftex International Car Body Seals Division of Laird Group P.L.C. "With doubled sales approaching $1 billion, the combined strengths of GenCorp Vehicle Sealing and Draftex are formidable," Joe Gray, president of GenCorp´s vehicle sealing unit, said in a prepared statement. "By combining the strengths of GenCorp´s North American and Draftex´s European research and development capability, we have enhanced our ability to support customers anywhere in the world." GenCorp completed its acquisition of the Draftex sealing businesses Dec. 29.
GenCorp changes name following Draftex purchase
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