Released on June 17, 2010

Harvey Industries, Westland, Mich., announced it has purchased a former subsidiary of Hayes Lemmerz International, Northville, Mich.

The subsidiary, Hayes Lemmerz International–Laredo Inc., Nuevo Laredo, Mexico, produced cast aluminum and polymer components for the automotive and heavy truck industry. About 350 were employed at the facility.

“This acquisition is strategic for Harvey Industries,” said President Jerome Harvey. “Combining Nuevo Laredo with our Wabash, Ind., operations will better position the combined company to grow and compete in the global market.”

Harvey Industries is a components supplier specializing in aluminum sand castings, machining, assembly and testing for the transportation and industrial markets. In the past month, the company has won an award of excellence from customer Ford Motor Co. and named a new vice president of sales and business development.