PLYMOUTH, Mich. (July 21)—Freudenberg-NOK G.P. paid an undisclosed amount to purchase the Omega power steering hose and rebuild kit business of Federal-Mogul Corp. Freudenberg-NOK said it plans to move production from the division's Solon, Ohio, plant to another facility in the area so it can retain the experienced work force. It will move distribution from Solon to its Corteco facility in Milan, Ohio. Freudenberg-NOK plans to expand the hose line offering to industry-leading position, so that the Omega brand of hoses can regain its historically strong position, Phillip A. Damaska, president of the company's Corteco aftermarket business, said in a release.
Freudenberg-NOK acquires power steering hose business from Federal-Mogul
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