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Martinrea International Inc. Acquires Assets of Lyseon North America Inc.
Globenewswireยท 2025-10-20 21:01
Core Insights - Martinrea International Inc. has acquired the assets of Lyseon North America Inc., which operated a manufacturing plant in Tulsa, Oklahoma, primarily producing metal parts and assemblies for the bus market [1][2] - The acquisition is expected to enhance Martinrea's business by adding work for a significant customer, International Motors, and providing a strategically located facility in the US [2] Company Overview - Martinrea International Inc. is a leading automotive supplier specializing in the design, development, and manufacturing of lightweight structures and propulsion systems, as well as quality metal parts, assemblies, and modules [3] - The company employs over 18,000 people and operates in 56 locations across multiple countries, including Canada, the US, Mexico, Brazil, Germany, Slovakia, Spain, China, South Africa, and Japan [3]