Joint venture formed to produce suspension components

Jan. 19, 2012
Tramec and Heavy Duty Suspension Suppliers Corp. (HDSS) Grupo Suspension in Mexico have formed a joint venture to supply a full line of heavy-duty suspension components to the U.S. and Canadian markets

Tramec and Heavy Duty Suspension Suppliers Corp. (HDSS) Grupo Suspension in Mexico have formed a joint venture to supply a full line of heavy-duty suspension components to the U.S. and Canadian markets.

The joint venture, named Tramec HDSS, will be headquartered in Grapevine, TX. It is a stand-alone business and a subsidiary of Iola, KS-based Tramec LLC.

“This joint venture provides the addition of suspension components to Tramec’s existing air, electrical, brake and fastener product lines,” said Gary Sullo, chairman of Tramec HDSS. “Existing and new customers will have an enhanced and expanded product line backed by Tramec’s nearly 40 years of industry experience, ingenuity and expertise.”

Tramec HDSS will provide a full line of heavy-duty suspension components, which will be warehoused and distributed out of the Grapevine facility.

HDSS is comprised of four suspension component manufacturers located in Mexico: JM Tor Par S.A. de C.V., which produces hot forged suspension nuts and bolts; Pratsa S.A. de C.V., which makes u-bolts and spring center bolts; Partes Para Bombas S.A. de C.V. (PARBO), which makes polyurethane and rubber suspension products; and Partes Herramientas y Maquinados S.A. de C.V. (PHM), which produces cast and machined suspension components.

“The HDSS team is very positive about the joint venture with Tramec,” said Jose Janeiro, vice president of Heavy Duty Suspension Suppliers Corp. “The formation of this strengthened portfolio creates a dynamic synergy between the companies. We are excited about the energy it brings to our organizations and the resulting benefits for customers and suppliers.”

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