MiMfg Magazine March 2020 | Page 24

24 MiMfg Magazine March 2020 MFG @ Work What’s Happening in Michigan Manufacturing Fullerton Tool Expands with Carbro Corp. Acquisition Fullerton Tool Company announced its acquisition of Carbro Corporation, a manufacturer of solid carbide rotary tools located in Lawndale, California. An MMA member company since March 2010, Fullerton Tool is a manufacturer of precision- made solid carbide cutting tools. This acquisition is expected to help Fullerton create strategic partnerships to better serve the Aerospace market while Carbro will continue to provide its existing quality products and services under the name Carbro, LLC. “Carbro and Fullerton will continue to build upon their existing product lines and reputations and together will create strategic partnerships to better service specialty markets as well as our customers,” said Patrick Curry, president and co-owner of Fullerton Tool and a member of the MMA Board of Directors. “I am excited for the future with both of these companies and how this partnership will impact the manufacturing industry.” Got Good News? Share your company’s news with MMA and see it published here, through our social media channels or on mimfg.org . Send your photos, press releases and good news to MMA’s Brett Gerrish at [email protected]. A Fullerton Tool employee setting up cutting tool honing. The acquisition of California-based Carbro Corp. is expected to help Fullerton better serve the Aerospace market. BorgWarner Reimagines Propulsion Market with Delphi Tech. Acquisition BorgWarner recently announced their agreement to acquire Delphi Technologies and create one of the world’s leading pure-play propulsion companies, serving light and commercial vehicle manufacturers. According to a company release, the purchase will create a propulsions systems leader well positioned for the future and will: • Strengthen BorgWarner’s power electronics (PE) products, capabilities and scale • Enhance BorgWarner’s combustion, commercial vehicle and aftermarket businesses • Be consistent with BorgWarner’s balanced propulsion strategy “This exciting transaction represents the next step in BorgWarner’s balanced propulsion strategy, strengthening our position in electrified propulsion as well as our combustion, commercial vehicle and aftermarket businesses,” said Frédéric Lissalde, BorgWarner president and CEO. “Delphi Technologies will bring proven leading power electronics tech- nologies, talent and scale that will complement our hybrid and electric vehicle propulsion offerings. As a combined company, we look forward to delivering enhanced solutions to our customers while driving increased value for our stockholders.” See www.leadingpropulsion.com to learn more. GM Announces $2.2B Investment in 100% EV-Focused Facility General Motors Company recently joined Fiat Chrysler Automobiles and Ford Motor Company in announcing another major Michigan investment — this time a $2.2 billion investment in the Detroit-Hamtramck assembly plant to produce a variety of all-electric trucks and SUVs, making Detroit-Hamtramck GM’s first fully-dedicated electric vehicle assembly plant. The