Amsted Industries is bringing together two of its century-old, core Tier 1 automotive supply business units, Means Industries and Burgess Norton.
The aim is to form a new and innovative technology team: the Amsted Automotive Group (AAG).
Amsted a diversified designer and manufacturer of cutting-edge industrial solutions serving the railroad, vehicular and construction markets with a global footprint spanning 65 facilities in ten countries across six continents.
The integration is aimed at providing an expanded global presence with 16 facilities in North America, Asia and Europe to adequately serve the global customer base with a robust manufacturing footprint producing over 100 million components and assemblies per year.
This group blends design and engineering expertise, strategically aligned to be a nimble leader in advanced metal-forming and powder metal manufacturing with electro-mechanical clutch design capabilities.
This is being done for electrified propulsion solutions – building on our integral role in global advanced automatic transmissions designed in North America, Europe, and Asia.
Stephen Smith, Chairman, President and Chief Executive Officer, Amsted Industries, said, “The world automotive market is going through a period of fundamental change.”
He added: “The transition to electric vehicles has the potential to reshape much of the industry, including the supply base. We are bringing Means Industries and Burgess-Norton together to form the AAG to focus on being significant participants in electric vehicle technology, design and manufacturing supply, while capitalizing on the remaining opportunities for supply to traditional internal combustion engine programs.”
This bring together of expertise in torque transfer and powder-metal forming will facilitate more elegant and stronger designs which reduce parasitic losses in the powertrain.
This has the potential to extend electric vehicle driving range or reduce electric motor and battery requirements.
Jeremy Holt, President of AAG, said, “The electric vehicle market is no longer emerging; it is here, and production volumes will increase rapidly.”
He added: “The formation of AAG aligns our design and engineering expertise, making the company a leader in torque transfer for electric vehicles without diminishing resources for internal-combustion engine programs.”
The advantages of founding the AAG became apparent during the development of a disconnect device which is used in a new production electric vehicle that will launch in 2021.
This device makes use of clutching technology developed by Means and Burgess-Norton proprietary powder-metal forming. With the AAG, the teams will be further integrated for more rapid and smooth brainstorming, development and refinement of concepts, prototyping and manufacturing.
AAG offers the foundation for the company to further expand in the automotive market and beyond. The new group will bring together team members in multiple operations located in China, Japan, Mexico, Italy, Canada and the United States.
(With inputs from Automotive Lead Research Team)
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