Material Sciences Corporation (MSC) (formerly New Star Metals) has sold its Global OE and Aftermarket Brake Shim business to Wolverine Advanced Materials for an undisclosed sum. MSC will retain its North American production facilities in Walbridge, OH and Elk Grove Village, IL as well as the Application Research Center in Canton, MI. Patrick Murley, Chief Executive Officer of Material Sciences Corporation (formerly New Star Metals), commented, “For years MSC has been providing excellent products to solve brake noise issues. However its future focus will be on value-added coated products, metal to metal laminating and composites, and other mass reduction technologies. This divestment will allow us to dedicate our technical resources and our four uniquely-capable production facilities to our core product offerings.”
About Material Sciences (formerly New Star Metals):
Material Sciences Corporation (MSC) provides metal processing, supply-chain management, building products, light- weighing and NVH products across a diverse array of end markets. Based in the Chicago area, Material Sciences Corporation operates through its five divisions: Electric Coating Technologies, Premier Resource Group, World Class Corrugating, Canfield Coating Company and Material Science Corporation.
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