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Mergers. Acquisitions. Operations.
 

Mergers. Acquisitions. Operations.

Acument Keeps Operations in Metro Detroit, 50 Hires Planned This Year

Press Release · January 13, 2011

Manufacturing

DETROIT, MI (metromode)--The transformation of Acument over the past few years typifies what Detroit auto suppliers experienced: loss of work and shrinking operations. Today, however, Acument is a promising sign of things to come.

Acument, a Platinum Equity portfolio company,  recently struck a deal with the Michigan Economic Development Corp to expand its Sterling Heights, Holly, and Fenton plants. It expects to hire 50 people in Metro Detroit this year, expanding its workforce to 500 personnel by 2012 and 600 by 2014.

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Source: Timothy Weir, director of communications and public affairs for Acument
Writer: Jon Zemke

Investor Relations
and Media Contacts:

Mark Barnhill
Partner
+1 310.228.9514 E-mail Mark

Dan Whelan
Principal
+1 310.282.9202 E-mail Dan

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