Suppliers Metaldyne Corp. and KS Kolbenschmidt GmbH have formed an alliance to create complete power cylinder systems.
The systems will include Kolbenschmidts gasoline pistons and Metaldynes powder-metal forged connecting rods, the companies said today. Automakers typically engineer the components into complete systems.
The companies also will benefit from Kolbenschmidts affiliate, bearings and bushings maker KS Gleitlager GmbH, and its alliance with Nippon Piston Ring Co. Metaldynes affiliation with TechnoMetal, which makes steel forged connecting rods for mid-sized and heavy-duty trucks, also will aid collaboration.
The alliance keeps the companies equal and independent operations, the firms statement said. No equity is being exchanged.
Metaldyne, of suburban Detroit, is a subsidiary of Japanese supplier Asahi Tec. Metaldyne ranks No. 89 on the Automotive News list of top 100 global suppliers, with estimated 2007 global parts sales to automakers of $1.86 billion. The company makes powertrain and chassis applications, transmission and transfer cases, axles, suspensions, noise control products and driveline components.
KS Kolbenschmidt is a unit of Kolbenschmidt Pierburg AG, which ranks No. 57 on the Automotive News list of top 100 global suppliers with an estimated $3.09 billion in 2007 parts sales to automakers. The company, of Neckarsulm, Germany, also makes emission control products, fluid pumps, engine blocks, manifolds and bearings.