Metaldyne Performance Group, Inc., a provider of highly engineered components for use in powertrain and suspension applications for the global light, commercial and industrial vehicle markets, announced it is consolidating its portfolio of metal-forming brands.
The brands that will now fall under the MPG moniker include HHI, Grede, Cloyes, Metaldyne, Jernberg, Impact Forge, NovoCast and FormTech.
“Our business was formed nearly two years ago through a combination of three metal-forming technology manufacturing companies,” says MPG CEO George Thanopoulos.
“Integration has gone exceptionally well and exactly as planned. As such, we can now take the next step to brand ourselves solely as MPG.”
Reorganizing to one brand reflects one unified organization although all the legal entities and reporting segments in the company will remain intact, the company says.
“The change to MPG reflects an ongoing integration of great companies that provide global customer solutions using advanced engineering and product development expertise,” says Doug Grimm, president and chief operating officer.
“Our former iconic brands combine to make a stronger ‘One MPG’ and will further enhance our progress towards our long-term growth targets.”