RTTNews | Oct 2, 2020 02:51AM EDT

02:51 Friday, October 2, 2020 (RTTNews.com) - Bendix Commercial Vehicle Systems, a unit of Knorr-Bremse (KNRRY.PK, KNBHF.PK), has acquired full ownership of Bendix Spicer Foundation Brake LLC, the joint venture it formed in 2004 with Dana Incorporated (DAN). Bendix will immediately incorporate the wheel-end business as one of its five Centers of Competency and change the name to Bendix Commercial Vehicle Systems LLC, effective January 1, 2021.

The Bendix wheel-end CoC will remain based in Elyria, and will continue operating its R&D Center in Kalamazoo, Mich., as well as the expanded wheel-end manufacturing plant in Bowling Green, Ky.

Read the original article on RTTNews ( https://www.rttnews.com/3133288/knorr-bremse-unit-acquires-full-ownership-of-bendix-spicer-foundation-brake-llc.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved