Qualitor announces sale of select businesses
SOUTHFIELD, MI, November 2009 — Qualitor, Inc (“Qualitor”) announces the sale of select businesses of its Hydraulic Brake Group (“HBG”) to Nucap Industries. Qualitor disposed of its back plate and shim manufacturing segments, while retaining the IBI business, which is focused on the brake hardware sector.
Qualitor’s remaining divisions are well positioned for continued growth. Pylon, located in Deerfield, Florida, is an aftermarket supplier of wiper blades, rubber inserts for original, factory installed blades and window care accessories. IBI, located in Lima, OH, designs, sources, and packages brake system hardware components and repair kits for the automotive aftermarket. Located in Holland, MI, BLD Products is a Tier II manufacturer and distributor of mechanically and electronically operated sensors, switches and valves used for engine transmission control, while Sloan Heavy Duty supplies components to the heavy-duty truck and trailer industry.