KSR International Completes Integration of Its Strategic Acquisition Ahead of Schedule
Wales, UK, based Division of MOSFET Power Modules, EPS EHPS Steering Electronics, Motor Drives and Alternator Regulators Now Known as KSR Electronic Systems, Ltd.
RIDGETOWN, Ontario –Â KSR International, Inc., a leading Tier One automotive supplier, earlier this year acquired Electronic Motion Systems (EMS; www.electronicmotionsystems.com), an innovative electronics supplier with Manufacturing based in Swansea, Wales, UK and a Development Center in Halifax, Nova Scotia. According to Craig Arnold, KSR President CEO, EMS has now been fully integrated into KSR International, and is now known as KSR Electronic Systems, Ltd.
Terms of the deal between the privately held companies were not released. The purchase boosts KSR's world-wide employment base to slightly more than 1,900 associates.
KSR, in business for nearly 75 years, provides bumper-to-bumper electronic sensors, as well as pedal assemblies, to the global automotive industry. The purchase of EMS brings to KSR specific expertise in engineering and manufacturing of control modules for EHPS and EPS Steering Systems, MOSFET power modules and modules used for cabin climate control systems, engine cooling systems and alternator voltage regulators.
"In addition to new products and customers, the new KSR Electronic Systems adds to our bench strength," Arnold said. "Our technical engineering center in Halifax is world-class with a team of electronics engineers that set new standards in control modules across a wider spectrum of uses, not just for automobiles and light trucks, but also all-terrain vehicles and other specialized markets."
"We want to grow our engineering, sales, and manufacturing capabilities in electronics, and leverage our global footprint," Arnold said. "Having KSR Electronic Systems onboard will help us achieve these goals much more rapidly." Arnold said at this point KSR employment levels will remain stable.
About KSR International
KSR is an industry leader in the design, engineering and manufacture of an array of automotive products, including sensors, electronic throttle controls, steering system control modules, MOSFET power modules and adjustable fixed pedals. Production facilities are strategically located globally on four continents. The company is a vertically integrated manufacturing company located near its customers to provide quick response, cost containment and local expertise. Executive and engineering offices are headquartered in Ridgetown, Ontario (Canada); Sales are in Southfield, Michigan (USA). For more information, please visit www.ksrint.com.
Media Contact: Michael Beightol
Coyote Marsh & Associates, Inc.
847.277.7353
SOURCE KSR International
Web Site: http://www.ksrint.com
