Rockwell division bought: Auto supplier Cambridge sees sales tripling

Dearborn-based Cambridge Industries Inc. expects to triple in size to $300 million in annual sales through its announced acquisition of Rockwell International Corp.'s plastic-component business. The stock and asset purchase will combine Cambridge's $100 million business in automotive trim...

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Bibliographic Details
Published in:Crain's Detroit business 1994-05, Vol.10 (19), p.1
Main Author: Barkholz, David
Format: Article
Language:English
Subjects:
Asset acquisitions
Automobile industry
Automobile sales
Automotive supplies
North Central
Pacific
Plastics
Sales
Online Access:Get full text
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Summary:Dearborn-based Cambridge Industries Inc. expects to triple in size to $300 million in annual sales through its announced acquisition of Rockwell International Corp.'s plastic-component business. The stock and asset purchase will combine Cambridge's $100 million business in automotive trim parts with Rockwell's $200 million division in structural and outer-body vehicle components, said Richard Crawford, Cambridge president and majority owner. The combined company will vault Cambridge among Detroit's 20 largest independent automotive suppliers (for the current list, see Page 18) and among the nation's largest makers of automotive plastics. (List omitted) (excerpt)
ISSN:0882-1992