Troubled Japanese airbag-maker Takata purchased by supplier Key Safety Systems

[FeedBot]

Key Safety Systems, a Michigan-based supplier of safety components for manufacturers, has agreed to purchase maligned Japanese airbag manufacturer Takata for $1.6 billion, The Associated Press reported Tuesday. Takata’s ongoing airbag recall scandal forced the company into bankruptcy earlier this year. Tens of millions of vehicles were...

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[Frosty]

When was the last time you heard of a USA-based company buying out a Japanese firm? In the 1980s and 1990s it was the other way around.

There is a Takata facility off I-75 in Auburn Hills here in Michigan, on Opdyke Road near University Drive. I use to drive by it to stop at Tim Horton's on my way to work in Pontiac or Auburn Hills. I can't wait for them to change the sign. 

 

[notallthere]

For the dream cruise we would stay at the Marriott across from them and I wondered what they made.  The empty Big Buck Brewery always had an autocross coarse set up that was fun to watch.