Cummins Inc. and Meritor Inc. entered into a definitive agreement under which Cummins will acquire Meritor, a global provider of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets, for approximately $3.7 billion. Troy, Mich.-based Meritor has more than 9,600 employees. The transaction, which is expected to close by the end of the 2022, will position Cummins as one of the few companies able to provide integrated powertrain solutions across combustion and electric power applications.
General Motors Co. will invest more than $7 billion in four Michigan manufacturing sites. The investment will create 4,000 new jobs, retain 1,000 and significantly increase battery-cell and electric-truck manufacturing capacity. The single largest investment in GM history includes construction of a new Ultium Cells battery cell plant in Lansing and the conversion of GM’s assembly plant in Orion Township for production of the Chevrolet Silverado EV and the electric GMC Sierra.
Italian company San Grato produces numerous forged parts for cars, motorcycles, industrial and commercial vehicles, and agricultural machines. Many of them are made on seven Farina presses with press forces between 1,000 and 5,000 tons at the company’s sites in San Carlo Canavese (Torino) and Malonno in the province of Brescia. San Grato recently ordered its eighth press from Schuler affiliate Farina. The 2,500-ton machine features a kinetic energy recovering system (KERS), which reduces the power demand by 40%. San Grato already covers two-thirds of its energy cost through its hydroelectric power station located close to Torino and a photovoltaic system installed on the roof of both plants. The Farina press also offers increased output and reduced maintenance costs.
Otto Fuchs KG ordered a crank forging press with ServoDirect technology from Schuler for its Shenyang, China, location. The automotive supplier will use the machine, which has a press force of 3,150 tons, to produce more aluminum chassis components for customers in China. In crank forging presses with ServoDirect technology, several torque motors operate on a main shaft via a step-down gear unit. They are suitable both for wear-free single-stroke operation and for forging in continuous operation.
American Axle & Manufacturing (AAM) will expand its Three Rivers Manufacturing Facility (TRMF) in Michigan, including installing a new production line and adding approximately 100 new jobs. TRMF is a critical facility that currently manufactures front and rear axles and EcoTrac disconnecting all-wheel-drive systems. The expansion will allow AAM to add additional axle production at the facility, which produces many of the company’s most in-demand technologies, while boosting local jobs and increasing investment in Michigan.
American Axle & Manufacturing Inc. (AAM) and REE Automotive will jointly develop a new electric propulsion system for e-Mobility. The companies intend to leverage AAM’s system integration capabilities and focus on NVH (noise, vibration and harshness) reduction to incorporate AAM’s electric drive units, which feature fully integrated high-speed motors and inverter technology, into REE’s modular and disruptive REEcorner technology. The technology integrates critical vehicle components (steering, braking, suspension, powertrain and control) into the area between the chassis and the wheel to deliver significant functional and economic advantages. The electric drive units will be developed at AAM’s Advanced Technology and Development Center in Detroit with delivery of prototypes planned by the end of 2021.
American Axle & Manufacturing has been named sole supplier of front and rear pickup axles for production at GM’s Oshawa, Canada, facility. Oshawa will restart production of the pickup trucks later this year. AAM’s manufacturing facilities will provide both front and rear axles for use at Oshawa. This new business is in addition to AAM’s current supply of front and rear axles to GM’s full-size pickup assembly facilities in Indiana, Michigan and Mexico.
Ultium Cells LLC, a joint venture of General Motors and LG Energy Solution, will invest more than $2.3 billion to build its second battery-cell manufacturing plant in the United States. The approximately 2.8 million-square-foot facility will be located in Spring Hill, Tenn. It is expected to create 1,300 new jobs. Construction will begin immediately, and the plant is scheduled to open in late 2023. Once operational, the facility will supply battery cells to GM’s Spring Hill assembly plant.
Automotive supplier Ningbo Xusheng Auto Technology Co. Ltd. of China issued the Final Acceptance Certificate to SMS group for a fully automatic closed-die forging line. Installed at the company’s Ningbo location in the province of Zhejiang, the forging line consists of an eccentric forging press and, as a pre-forming unit, an automatic forging roll. The press operates with a maximum press force of 25 MN. Ningbo Xusheng is using the line to produce aluminum chassis components, especially for electric vehicles. With support of specific simulation software, SMS group cooperated with Ningbo Xusheng to jointly develop the technology and the dies for the aluminum forging process.
American Axle & Manufacturing (AAM) secured the next-generation axle and driveshaft program for Ram’s heavy-duty pickup trucks. As Ram’s strategic driveline supplier through 2030, AAM expects current and future sales related to this program to exceed several billion dollars over its lifetime.