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Stoneridge in Novi, Michigan sells truck parts business for USD 40 million to SMP
Stoneridge, Inc. announced that it has sold assets related to non-core switches and connectors to Standard Motor Products, Inc. (SMP) for approximately USD 40 million. Stoneridge will support the transition of the product lines to SMP’s facilities. Products related to the business include ball switches, ignition swit....
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