BRANFORD, CONN. - Echlin Inc. will expand its injection molding capabilities with the purchase of American Electronic Components Inc., an Elkhart, Ind., producer of motor vehicle electronic components such as sensors, switches and relays. AEC molds its sensor and other housings and similar components in Elkhart and also does some custom molding, said Roger Wise, AEC executive assistant. AEC officials did not disclose details of the molding operation.
AEC has sales of about $40 million, primarily to the original equipment market. Echlin's sales are about $2.7 billion, primarily in aftermarket auto parts, for which it does an undisclosed amount of injection molding. Early this year, Branford-based Echlin bought Preferred Technical Group Inc. of Rochester Hills, Mich., a maker of auto hose and custom extruder of plastic sheet.
Frederick Mancheski, Echlin's chairman and chief executive, said the purchase will strengthen Echlin's position in auto-motive electronics. Echlin agreed to swap its shares for AEC shares in a deal it values at $54.5 million and expects to complete by the end of the year.