Seoul,
South Korea - Gibbs
Die Casting Corporation of Henderson, Kentucky, today announced
the acquisition of Mando Machinery Corp., Munmak Die Casting operations,
and renamed the plant Gibbs-Korea. This closure represents over
11 months of negotiations and Gibbs first international company
purchase. Gibbs-Korea's major customers include Mando Corporation
and Halla Climate Control (Visteon).
Gibbs
is a top supplier of aluminum and magnesium die castings in North
America to the automotive industry with plants in Kentucky, Texas
and South Korea.