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The original item was published from 2/9/2016 3:03:20 PM to 10/4/2016 12:54:06 PM.

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Economic Development

Posted on: February 9, 2016

[ARCHIVED] Key Safety Systems to be acquired by China's Ningbo Joyson

Key Safety Systems.jpg

(From Crain's) Sterling Heights-based Key Safety Systems Inc. will be acquired by public Chinese auto conglomerate Ningbo Joyson Electronic Corp. in a $920M deal. The deal will create a combined supplier generating revenue of about $3 billion worldwide.

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