US: ThyssenKrupp Budd sells aluminium casting business

摘要

THYSSENKRUPP Budd, an affiliate of German industrial conglomerate ThyssenKrupp, announced the sale of its aluminium castings operations as part of a restructuring plan for its North American automotive business segment. ThyssenKrupp Stahl Company, a subsidiary that produces aluminium castings, has been sold to Speyside Equity, a Delaware-based equity holding firm, for an undisclosed amount. The company employs about 813 people at its foundries in Kingsville and Warrensburg, Minnesota.