Auto Industry
Industry: Email Alert RSS FeedSupply line.(equipment and supplies of Amerigon Inc.)(Nippon Paint Company Ltd. acquistions)(Sirius Satellite Radio Inc product introduction)
Automotive News, August, 2006
Nippon Paint will purchase coatings unit
CHICAGO - Nippon Paint Co. Ltd. said it has reached an agreement to purchase most of Rohm and Haas Co.'s automotive coatings business.
Included in the purchase is the wholly owned Rohm and Haas business in North America and the company's share of the joint ventures it has with NPC. It does not include the company's European Automotive Coatings business.
Terms include about $230 million in cash, said a spokesman for Rohm and Haas NPC, of Osaka, Japan. The company supplies paint and coatings.
Volvo offers Sirius radio
DETROIT - Volvo Cars of North America Inc. and Sirius Satellite Radio Inc. announced they will offer the satellite radio system as a factory option on four vehicle lines...
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