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Motorcar Parts of America's subsidiary D&V Electronics received an order for an electric motor emulator from one of China's largest automotive companies for a Power Hardware-In-the-Loop test system. Terms were not disclosed.
Motorcar Parts of America announced a $9 million expansion of its production plant in Tijuana, Mexico, creating 300 jobs.
Motorcar Parts of America acquired Dixie Electric, Ltd., an Ontario, Canada-based heavy-duty rotating electrical products company, in a stock purchase transaction. Terms were not disclosed.
D&V Electronics announced it has accepted an offer to be acquired by Motorcar Parts of America (Nasdaq:MPAA) and will operate as an independent testing company. Terms were not disclosed.
| Site | Largest | Latest |
|---|---|---|
| Tijuana, Mexico | $9.00M | 2020-08-21 |