Metaldyne Performance Group to consolidate brands
July 20, 2016
Metaldyne Performance Group, Inc., has announced that it is consolidating its portfolio of metal-forming brands, many of which have been in existence for nearly 100 years. The group’s brands including HHI, Grede, Cloyes, Metaldyne, Jernberg, Impact Forge, NovoCast and FormTech, will now fall under the MPG name.
“Our business was formed nearly two years ago through a combination of three metal-forming technology manufacturing companies,” stated MPG CEO George Thanopoulos. “Integration has gone exceptionally well and exactly as planned. As such, we can now take the next step to brand ourselves solely as MPG.”
Headquartered in Southfield, Michigan, USA, MPG has a global footprint spanning more than 60 locations in 13 countries across North and South America, Europe and Asia. The group has approximately 12,000 employees. It was added that reorganising to one brand reflects one unified organisation, although all the legal entities and reporting segments in the company will remain intact.
“The change to MPG reflects an ongoing integration of great companies that provide global customer solutions using advanced engineering and product development expertise,” added Doug Grimm, President and Chief Operating Officer. “Our former iconic brands combine to make a stronger ‘One MPG’ and will further enhance our progress towards our long-term growth targets.”
