Eckhart President and CEO Andrew P. Storm
In addition to the Advanced Technology Center, Eckhart operates Michigan locations in Algonac, Lansing, Marine City, and Rochester Hills. www.eckhartusa.comAmada Miyachi America updates Wixom lab – Amada Miyachi America, a manufacturer of resistance welding, laser welding, marking, cutting, and micro-machining equipment and systems, has updated its Detroit-area Midwest Applications Lab. The updated facility features 5,500ft2 of laboratory space devoted to application development services for welding, marking, ablation, scribing, and texturing of metals and plastics. Also on site is an expanded metallurgical lab for examining laser or resistance welds to analyze weld penetration and joint quality.
Amada Miyachi application experts are available to work with customers to develop next-generation joining or marking processes for automotive and electric vehicle battery production and joining of cells. www.amadamiyachi.com
Mergers/acquisitionsDana Inc. acquires GKN plc’s driveline business – The $6.1 billion deal includes cash payments from Dana to GKN and the creation of a new company. Dana shareholders will own 52.75% of the new Dana plc, and GKN shareholders will own 47.25%.
The merger combines Dana’s expertise in axles, suspension components, and vehicle structural components with GKN’s drivetrain business. Dana officials say the merger will give the company a leading position in electric drivetrain technologies that they believe will be critical in the future. The deal also fends off a hostile takeover bid for GKN plc from British private equity company Melrose
The purchase gives Shiloh, a company with several production lines and technologies for steel and aluminum parts, more capacity for magnesium beams for automotive structural components. Lighter than aluminum, but more difficult to cast and machine, magnesium holds the promise of further weight reductions in vehicle designs. www.brabantalucast.com; www.shiloh.com
Ridesharing, in which digital services and apps form carpools, vehicle sharing, or taxi sharing, is a growth market. By 2020, the number of people worldwide using ridesharing is expected to rise 60% to 685 million, according to Statista. www.bosch.com; www.splt.io