A Metaldyne Corp. executive assures employment and facilities in North America will suffer no adverse effects – and should flourish – as a result of Japanese supplier Asahi Tec Corp.’s plan to acquire the Plymouth, MI-based parts maker in a deal valued at about $1.2 billion. Tom Chambers, Metaldyne’s president-powertrain group, says the deal makes perfect sense for both companies because there is little operational overlap between them. Asahi Tec, based in Shizuoka, Japan, manufactures ...
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