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				Stemco Broadens its Brake Business
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					Posted: 
					
						Apr 20, 2012 07:54 AM
					
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					Last Updated: Apr 22, 2012 10:38 PM
				
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				<p>LONGVIEW, TX &mdash; &tilde;In a cash deal for an undisclosed amount, Stemco has purchased brake-drum maker Motor Wheel Commercial Vehicle Systems (MWCV).</p>
<p>The business will become part of the brake products group of Stemco.</p>
<p>The Livonia, MI-based MWCV has been providing braking systems components for 50 years, offering a full line of braking system hubs, drums, and rotors. The company's primary product is the CentriFuse brake drum, which, the company claims, is comprised of a braking surface that resists wear while improving both fuel efficiency and payload capacity.</p>
<p>"This lightweight, high performance brake drum coupled with our brake lining and new brake shoes creates a unique value proposition for today's fleet customers," says Jon Cox, president of Stemco.</p>
<p>Brake drums are the fourth braking product added by Stemco since the third quarter of 2009.</p>
<p>Friction products were added through an agreement to provide brake linings manufactured by Duroline, a Brazilian company, to the North American market; automatic brake adjusters were added through the Stemco Crewson joint venture; and new brake shoes were added through the acquisition of Rome Tool and Die.</p>
			
				
				
			
				
				
			
			
			
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