Metaldyne Expands in Eastern Europe to Support Global Growth
PLYMOUTH, Mich., Feb. 23, 2012 /PRNewswire/ – Metaldyne, LLC today announced the acquisition of a facility in Zbysov, Czech Republic, which is near Brno, Czech Republic and close to the borders of Austria and Slovakia. “Metaldyne’s expansion in Eastern Europe allows us to further support the increased manufacturing needs of our customers,” said Thomas Amato, Metaldyne’s president & CEO. “This new location will be closely aligned with Metaldyne’s other facility in the Czech Republic, which will provide operational efficiencies as we expand in the region.”
Metaldyne will first focus on expanding certain technologies within the Zbysov plant which will support growth within its forging and machining product lines. Metaldyne uses cold and warm forging, as well as secondary machining operations, to manufacture differential side gears and pinions, hollowed transmission shafts, transmission sliding sleeves, drivetrain splined sleeves, and other drivetrain components for several OEMs and leading Tier-1 suppliers.
Production at the Metaldyne Zbysov plant is anticipated to begin by the end of 2012.
Metaldyne, LLC, is a leading global designer and supplier of metal-formed components and assemblies principally for powertrain applications for automotive and light truck markets. Products include powder metal engine connecting rods, engine bearing caps, engine cylinder oil jets, transmission sub assemblies, forged differential gears and pinions, differential assemblies, engine balance shaft modules, transmission shafts, and engine crankshaft dampers.
Metaldyne has over $1 billion in annual revenue with 25 locations in 13 countries. Metaldyne is principally owned by The Carlyle Group, one of the largest private equity funds in the world. For more information go to www.metaldyne.com.
SOURCE Metaldyne, LLC