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Tejin acquires Continental Structural Plastics

January 31st, 2017 / By: / Industry News, News

Teijin Limited, Tokyo, Japan, has acquired Continental Structural Plastics Holdings Corp., Auburn Hills, Mich., a global leader in automotive lightweight composite technologies. As a wholly owned subsidiary of Teijin, the company will remain an autonomous operation, maintaining its brand in North America and strengthening its global capabilities. The acquisition will enable the combined companies to utilize high-performance composite technologies to manufacture a range of lightweight components including Class A body panels, pickup boxes, battery carriers and a number of structural applications that will help the global automotive industry meet design and regulatory challenges.