Sofanou Inc. purchased extruder and injection molder APTC Plastics LLC July 31 and is combining the operations with those of Truesdell Enterprises Inc.
Patrick Greene and Richard Crawford sold APTC's assets and business, Glenn Ernst, Sofanou vice president, said in a telephone interview. Terms were not disclosed.
APTC employs about 100 and makes corrugated and smooth vinyl tubing and injection molded components for wire harness assemblies. The company has 23 tubing and profile extrusion lines in its Rochester Hills, Mich., and El Paso, Texas, plants.
Sofanou acquired Truesdell in January. Truesdell employs 160 and has 47 extrusion lines and some injection molding capability at plants in Auburn Hills, Mich.; El Paso; and Morgantown, Ky.
Together, the automotive industry suppliers have sales of about $32 million. The combined operations hope to supply more value-added fittings and clamps through additional in-house injection molding, Ernst said.
APTC's plant operations will move about five miles to Truesdell's Auburn Hills facility. That plant also is becoming Sofanou's North American technical development center.
Also in Michigan, Sofanou will relocate group headquarters, headed by Chief Executive Officer Emmanuel Klinklin, from Auburn Hills to Rochester Hills.
The company has more changes planned for the Texas operations in early 1999. Sofanou will open a new plant, initially moving the Truesdell operation and then APTC. The existing El Paso sites are less than one mile apart.
Holding company Sofanou Technology Inc., formerly Sofanou (USA) Inc., is a subsidiary of Anteuil, France-based HBS Technologie SA. HBS operates other plants in France, Wales, Tunisia, Spain, Portugal, Turkey and Argentina and has annual sales of about $80 million.