Carlisle acquires Chinese brake biz
CHARLOTTESVILLE, Va. — Carlisle Motion Control Industries has purchased 100 percent of the heavy-duty brake lining and brake shoe assets of Zhejiang Kete located in Hangzhou, China.
Through this acquisition, Carlisle will increase its friction block capacity by more than 40 percent and add new OE quality brake shoes to its product offering.
This move enables Carlisle to more economically service markets in China, Malaysia, and Australia, as well as supplementing the company’s domestic friction capacity to better serve the North American market.
Carlisle Motion Control Industries has been a QS 9000/ISO 9001 certified company since 1997, manufacturing and marketing heavy-duty, asbestos-free brake linings and Altec remanufactured brake shoes for vehicles in classes 6 through 8. In 2005, Altec introduced RustGard, a UV brake shoe coating that solves the problem of Rust-jacking and premature brake lining failure due to rusting brake shoes.
Have your say
This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.