Key Plastics Inc. has expanded again in auto interior components.
The Novi, Mich., firm bought T.D. Shea Manufacturing Inc., a producer of decorated thermoplastic parts, on July 29 for undisclosed terms. The deal was Key Plastics' second in four months. Earlier this year it purchased three injection molding plants from Aeroquip Corp.
T.D. Shea's plant in Kendallville, Ind., injection molds, paints and assembles auto parts. In Ashley, Ind., it runs a plant dedicated to screen printing and die cutting of polycarbonate screen overlays used on instrument clusters and instrument panel trim components.
Joe Buzzitta, Key Plastics' director of sales and marketing, said T.D. Shea's PC sheet overlay and appliqué technology is new for his firm. The Ashley facility includes a Class 100,000 clean room for all screen printing operations and equipment for monitoring color consistency, density and light transmission.
Buzzitta described T.D. Shea as a good fit with Key Plastics and said it enhances Key Plastics' business with Tier 1 and original equipment manufacturer auto majors. He said Key Plastics does not plan to consolidate the T.D. Shea operations in northern Indiana with other Key Plastics facilities, which now total 19 in the United States, Mexico and Europe.
Thomas Shea Sr. started T.D. Shea more than 35 years ago and the business was owned by his family, Ed Stenger, T.D. Shea vice president, said in a telephone interview from company headquarters in Troy, Mich.
Buzzitta said Key Plastics has fully integrated former Aeroquip facilities in Port Huron and Chesterfield, Mich., and Chihuahua, Mexico, with its other operations. The former Aeroquip plants mold interior auto display products, instrument clusters and radio bezel assemblies.