Stemco, an EnPro Industries company, announced Friday, Feb. 29, that it has acquired V.W. Kaiser Engineering in Millington, Mich. Kaiser is a privately-held company with 30 years of experience testing and manufacturing quality long-life pins and bushings for kingpin and suspension applications.
Stemco says the transaction, terms of which were not announced, represents combined synergies between the two companies in their commercial vehicle market focus, product technology and reputations for training and customer support.
“The acquisition of Kaiser Engineering provides an opportunity to broaden the Stemco product offering as well as an opportunity to expand the Kaiser product offering outside of the United States,” says Jon Cox, president of Longview, Texas-based Stemco. “We’re delighted to welcome the employees of Kaiser Engineering to the Stemco family and look forward to an exciting period of growth in our combined markets.”
Kaiser’s headquarters and manufacturing facility in Millington remain in place. Todd Anderson of Stemco is being appointed vice president/general manager of Stemco-Kaiser. Anderson has been with Stemco since 1994 and has been a key contributor in both engineering and operations, having served most recently as vice president of operations.
“Anderson has provided technical leadership in Stemco’s product innovation strategy, and he has contributed greatly to our success in new product development,” Cox says. “We are fortunate to have him lead the Stemco-Kaiser operation and wish him well in this new
Anderson, who is active in both the Society of Automotive Engineers and the Technology and Maintenance Council, has authored several technical articles that have been published in trade magazines, bringing favorable recognition to Stemco as an industry provider of wheel-end sealing systems. Anderson will have general management responsibility for the Kaiser business facility located in Millington. He will continue to report to Cox.