SOUTHFIELD, Michigan., September 28, 2021 / PRNewswire / – Amsted Automotive has formed a joint venture with Anhui HOFO Mechanical and Electrical Co. Ltd. The new company is called BN-HOFO Material Technology (Anhui) Ltd., or BN-HOFO for short. BN-HOFO joins the technological resources of Amsted Automotive’s Burgess-Norton business unit with HOFO’s manufacturing and technology base in the country to further enhance Burgess-Norton’s position as a leader in component manufacturing in metallic powder.
“The agreement combines more than 60 years of Burgess-Norton’s expertise in the design and manufacture of precision powder-coated metal components with HOFO’s world-class facility at China and a strong commitment to the local market, ”said Jeremy Holt, president of Amsted Automotive.
The joint venture will meet the existing demands of the local Chinese metal powder market for large and complex components and the growing market for electric vehicle components. BN-HOFO owns the largest powder metal press in China, which will enable Amsted Automotive to provide solutions to emerging needs in powder metallurgy materials and technologies in Asia and with global customers.
Burgess-Norton will have the unique opportunity to expand its reach in the domestic market China market with globally competitive powder metal technologies and materials, allowing Amsted Automotive to expand its presence in powder metallurgy worldwide. The joint venture will be positioned to produce production-ready components in 2022.
About Amsted Automobile
Amsted Automotive is the merger of two of its century-old Tier 1 automotive supply business units, Means Industries and Burgess Norton, to form an innovative new technology team. Our combined group offers an expanded global presence with 16 facilities in North America, Asia and Europe to adequately serve global customers with a robust manufacturing footprint producing over 100 million components and assemblies per year. Amsted Automotive combines process design and engineering expertise so that it can be both an agile and global leader in advanced metal forming, metal powder fabrication and electromechanical clutch design. Ultimately, Amsted Automotive offers a cutting edge electrified and advanced propulsion solution for customers in North America, Europe and Asia.
Founded in Geneva, Illinois, in 1903, Burgess-Norton built the heart of its business on piston pins. It produced millions of units for all types of internal combustion engines in North America as well as many leading international customers in the automotive and truck markets. In 1954, Burgess-Norton introduced powdered metal technology. Over the years, it has built a worldwide reputation for quality and value as a direct result of its commitment to develop innovative solutions for its customers in targeted component markets, including drivetrain and drivetrain. The company’s headquarters are located at Geneva, Illinois.
About Anhui HOFO Mechanical and Electrical Co. Ltd.
Anhui HOFO Mechanical and Electrical Co. Ltd. is the largest manufacturer of automotive A / C clutches with major sales of spun pulleys in China and solid technical know-how in multiple disciplines of metal processing. The company’s headquarters are in Bengbu, Anhui Province, China.
SOURCE Amsted Automobile