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The original item was published from 10/4/2016 12:54:00 PM to 2/19/2017 12:00:05 AM.

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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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