Dura makes progress on bids to acquire technology, expand.(News)

From: Crain's Detroit Business | Date: July 28, 2003| Author: Kosdrosky, Terry | Copyright information

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 ...