Terms of the acquisition were not disclosed.
“This acquisition is an important step in our strategy to grow our business and provide OEMs (original equipment manufacturers) a dependable supply of high quality, innovative aluminum trim products,” Tim Hawk, American Trim chief executive, said in a statement. “The design and fabrication capabilities of (Angell-Demmel) will harmoniously augment and extend our current capabilities and accelerate our growth in the automotive trim market.”
The two businesses will remain separate entities “for the foreseeable future,” American Trim said in a statement.
Angell-Demmel has fewer than 20 employees in Dayton, said Laura Lavish, a spokeswoman for American Trim. She could not give an exact number for all Angell-Demmel employees.
Angell-Demmel has a studio at 1516 Stanley Ave. In 2007, the company’s customers included BMW, Ford, General Motors and Honda, and it employed more than 600 people at its facilities in Dayton and Kentucky.
Asked about the future of the Dayton facility, Lavish said, “At this point, we have no intent to change anything.”
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