ThyssenKrupp Budd Company, a leading supplier to the automotive industry, on June 5 announced the sale of its aluminum castings operations as part of a restructuring plan announced earlier this year.
ThyssenKrupp Stahl Company, a subsidiary which produces aluminum castings at foundries in
The sale of the aluminum castings operation is in line with restructuring plans ThyssenKrupp AG of
Speyside Equity LLC, a
ThyssenKrupp Budd currently supplies approximately 100 vehicle models with sheet metal stampings and assemblies, composite autobody panels and pickup boxes, chassis modules and subframes, bumpers and bumper reinforcements. ThyssenKrupp Budd operates 30 facilities with more than 10,000 employees in
