EnPro Industries, Inc. NPO +1.05% , a leading manufacturer of engineered industrial products, has acquired Motorwheel Commercial Vehicle Systems, Inc., a manufacturer of engineered critical brake components, including drums and component assemblies for heavy-duty trucks and other commercial vehicles. The business was acquired from Precision Partners Holding Company for cash. Terms were not disclosed.
Motorwheel is the leading U.S. manufacturer of lightweight brake drums for heavy-duty trucks and other commercial vehicles. The company also manufactures wheel-end component assemblies for the heavy-duty market and full cast brake drums for military applications. In addition, Motorwheel sells fasteners for wheel-end applications and provides a full suite of services to its customers, (…)
via EnPro Industries Acquires Motorwheel Commercial Vehicle Systems – MarketWatch.