Holland, Michigan – Motus Integrated Technologies, a Tier 1 and Tier 2 supplier of automotive interior products, plans to buy Janesville Fiber Solutions, a division of Jason Industries Inc. Motus expects to close the transaction late in the third quarter.
Janesville produces high-performance engineered acoustical and thermal fiber solutions for a variety of automotive applications. It has more than 1,000 associates in Michigan, Mississippi, Missouri, North Carolina, and Mexico.
“With this acquisition, Motus’ portfolio of innovative interior offerings and advanced manufacturing facilities continues to expand and benefit our customers,” said Shannon White, president and CEO of Motus. “Janesville's expertise in materials, strong customer relationships, and complementary footprint will enable us to offer our customers more innovative, lightweight product solutions that meet increasing demands for interior quality and design innovation.”
Motus provides headliners, automotive interior door, and console armrests to the world's leading automakers and Tier 1s. Motus operates a global manufacturing platform with more than 2,000 associates operating from its five current facilities. The company recently announced the construction of a new $15 million plant in Gadsden, Alabama, which is expected to begin operations in mid-2020.
Motus plans to work closely with Janesville and Jason to seamlessly transition the business. Upon closing, leaders and key members of the Janesville organization will join the Motus Leadership Team, ensuring reliability and consistency during the transition process.