Ford APO Buys Stake in Toledo Supplier
19 August 1997
Ford APO Buys Stake in Toledo SupplierTOLEDO, Ohio, Aug. 19 - Ford Motor Company's Automotive Products Operations (APO) has increased its ownership in Toledo Molding & Die, Inc. up to 35 percent. The joint venture between Ford APO and Toledo Molding & Die will enhance cooperative efforts in developing the latest plastic component designs for future Ford products and other customers in the automotive industry. The Toledo-based company has been a supplier to Ford since 1967 and specializes in design and manufacture of injection and blow molded plastic components, assemblies for climate control and air-handling systems, rapid prototypes and injection and blow molding tools for the auto industry. Toledo Molding & Die, Inc. was started in 1955 as a pattern and model company. SOURCE Ford Motor Company