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Slide #52. Exco Technologies Limited — Automotive Leather Company Group (Pty) Limited
Exco Technologies Limited (TSE:XTC.CA)
Automotive Leather Company Group (Pty) Limited
Exco Technologies Limited (TSX-XTC) is pleased to announce today that it has completed the previously announced acquisition of Automotive Leather Company Group (Pty) Limited ("ALC") by a wholly-owned subsidiary of Exco (see news release dated December 19, 2013).
Exco Technologies is engaged in developing and manufacturing of dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion and automotive industries. Co. operates two business segments. The Casting and Extrusion segment designs, engineers and manufactures die cast and extrusion tooling and other equipment for die cast machines and extrusion presses substantially for automotive and industrial markets in North America. The Automotive Solutions segment produces automotive interior trim components and assemblies for instrument panels, door panels, consoles, seat covers, cargo storage and restraint.
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