Valley City, Ohio – Lightweight metal components supplier Shiloh Industries Inc. has completed its purchases o Brabant Alucast operations in Italy and the Netherlands, making it a major producer of magnesium cross beams for the automotive industry.
The company will double production capacity for magnesium castings with this addition, becoming one of the largest automotive magnesium suppliers worldwide.
“The acquisition is significant both strategically and operationally redefining our position in the industry by expanding our technology portfolio and enhancing our manufacturing capabilities,” says David Jaeger, senior vice president and managing director, CastLight. “The new operations also bring aluminum casting capabilities, closing a gap in Shiloh’s European production needs.”
The company can produce structural aluminum body, chassis, and propulsion products in the three continents.
“Our growth in Europe is a result of the increasing demand for our innovative technologies and lightweighting solutions in both automotive and commercial vehicle applications,” says Ramzi Hermiz, president and CEO. “Shiloh’s unique multi-material capabilities in aluminum, magnesium, and steel allow maximum weight savings without compromising safety, strength, performance, or the environment.”