MSP Industries Corporation manufactures precision forged powertrain, driveline, chassis and other components.
MSP manufactures precision forged powertrain, driveline, chassis and other components for the automotive industry using cold and warm forging processes. It operates two manufacturing facilities in Oxford, Michigan and a third facility in Center Line, Michigan. MSP adds to AAM's product line a variety of transmission parts for platforms used in 30 passenger car and truck models, as well as 50 drivetrain and transmission shaft components used in passenger car and truck drivetrain systems. It diversifies AAM's customer base by adding new customers such as Meritor and Simpson Industries.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Dec 4, 2013 | Grant | $150K | 1 | National Science Foundation | — | Detail |
Investor Name | Lead Investor | Funding Round |
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National Science Foundation | Yes | Grant |