Johnson Electric Acquires Textron Automotive's Electric Motor Components Business

Johnson Electric Acquires Textron Automotive's Electric Motor Components Business

Johnson Electric has acquired the manufacturing assets of the electric motor components business of Textron Automotive Co.'s Kautex Textron division. Terms of the sale were $12.5 million. Based in Manchester, NH, the business manufactures fuel pump armatures and cruise control stators for automotive Tier-1 suppliers and has estimated annual sales of $16 million.

In a prepared statement, a Johnson Electric spokesman said that Kautex Textron employees at the Manchester facility are to assist, on a contractual basis, in the manufacture of stators and armatures while Johnson Electric transfers the production assets to its plants in Mexico and China. This transition period will extend several months until Johnson Electric's plants completely take over manufacturing.

The motor armatures are used in automotive fuel pumps and some feature graphite commutators to allow long-life operation with alternative fuels. The stators are components in brushless stepper motors that are used in automotive cruise control systems.