NOVI, Mich.—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.
Headquartered in Michigan, AMI Industries operates manufacturing plants in Michigan, Indiana and China. Cooper Standard acquired the North American operations on Aug. 15. The acquisition of the Chinese operation is subject to regulatory approval, according to a Cooper Standard statement.
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.