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Dura makes progress on bids to acquire technology, expand.(News)
From:
Crain's Detroit Business
| Date:
July 28, 2003| Author:
Kosdrosky, Terry
| COPYRIGHT 2003 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Byline: Terry Kosdrosky
Dura Automotive Systems Inc. batted 2-for-3 last week in its march to acquire new, high-technology systems and increase the company's revenue at a higher rate than in the past.
The Rochester Hills-based auto supplier closed a $57 million deal to buy a recreational-vehicle parts-maker, reached a licensing agreement to build and market a new power window system but hit a wall in its attempt to grab board control of automotive electronics ...