Tower Automotive Completes Acquisition of Active Tool & Manufacturing Co., Inc.
30 July 1999
Tower Automotive Completes Acquisition of Active Tool & Manufacturing Co., Inc.MINNEAPOLIS, July 29 -- Tower Automotive, Inc. announced today that it has completed the acquisition of Active Tool & Manufacturing Co., Inc. and its affiliate, Active Products Company (collectively, "Active".) Active is a producer of large structural and exposed metal (Class A) assemblies for the North American automotive industry. Tower Automotive, Inc., produces a broad range of assemblies and modules for vehicle structures and suspension systems for automotive manufacturers, including Ford, DaimlerChrysler, GM, Honda, Toyota, Nissan, Auto Alliance, Fiat, BMW and Volkswagen. Products include body structural assemblies such as pillars and package trays, control arms, suspension links, engine cradles and full frame assemblies. The company is based in Grand Rapids, Mich., and has its corporate office in Minneapolis, Minn.