Auto supplier KSR International earlier this year acquired Electronic Motion Systems, an innovative electronics supplier with Manufacturing based inSwansea, Wales, UK and a Development Center in Halifax, Nova Scotia. According to Craig Arnold, KSR President & CEO, EMS has now been fully integrated into KSR International, and is now known as KSR Electronic Systems, Ltd.
Terms of the deal between the privately held companies were not released. The purchase boosts KSR's world-wide employment base to slightly more than 1,900 associates.
KSR, in business for nearly 75 years, provides bumper-to-bumper electronic sensors, as well as pedal assemblies, to the global automotive industry. The purchase of EMS brings to KSR specific expertise in engineering and manufacturing of control modules for EHPS and EPS Steering Systems, MOSFET power modules and modules used for cabin climate control systems, engine cooling systems and alternator voltage regulators.
"In addition to new products and customers, the new KSR Electronic Systems adds to our bench strength," Arnold said. "Our technical engineering center in Halifax is world-class with a team of electronics engineers that set new standards in control modules across a wider spectrum of uses, not just for automobiles and light trucks, but also all-terrain vehicles and other specialized markets."
"We want to grow our engineering, sales, and manufacturing capabilities in electronics, and leverage our global footprint," Arnold said. "Having KSR Electronic Systems onboard will help us achieve these goals much more rapidly." Arnold said at this point KSR employment levels will remain stable.
