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Standard Motor Products, Inc. acquired certain assets and liabilities of the particulate matter sensor business of Stoneridge, Inc. The business has manufacturing lines in Lexington, OH, and Tallin, Estonia, and generates approximately $12-14 million in annual revenue. SMP will relocate all production to existing SMP locations.
“We are pleased to announce the acquisition of the particulate matter sensor product line from Stoneridge, Inc.”prnewswire.com
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