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Topics Automotive Mergers & Acquisitions Injection Molding Thermoforming
Companies & Associations
DAVISBURG, MICH. (Updated Nov. 9, 3:15 p.m. ET) — Automotive thermoformer Corvac Composites LLC has bought an injection molding and thermoforming plant from D.A. Inc. of
No purchase price was disclosed. D.A. employs 13 at the 30,000-square-foot
The acquisition gives Davisburg-based Corvac wheel liner work on the Toyota Sequoia SUV. The Sequoia was one of the few
Sales at Corvac are in line to total about $50 million in 2012, with 2013 sales expected to be close to $60 million, Hadley said. “Our business is really bouncing back,” she added.
Corvac employs a total of 250 at its headquarters and R&D center in Davisburg and at a manufacturing and engineering plant in Byron Center, Mich., and a manufacturing plant in