Gibbs Die Casting Corporation
-One of the largest aluminum and magnesium die castings companies in the U.S.
-Approximately 90% of the Company's business originates from the automotive segment.
-The Company uses the unique process of vacuum ladled, high and ultra-high pressure die casting, offering an alternative to forging, permanent mold and conventional die casting.
-The Company is a subsidiary of Koch Enterprises, Inc.
Steering wheel armatures
Air conditioning compressor components
Magnesium crash engineered components
Viscous clutch components
Commercial refrigeration components
|1965||Established by Bob and Nick Gibbs.|
|1969||The Company has been owned by Koch Enterprises, Inc.|
|Dec. 1999||Announced the acquisition of Mando Machinery Corp., Munmak Die Casting operations, and renamed the plant Gibbs-Korea.|
|Feb. 2000||Purchased the assets of Nansen Mecanica S.A., a subsidiary of Nansen S.A. - Instrumentos de Precisao of Contagem, Brasil, to form Gibbs-Brasil Die Casting, Ltda.|
|Apr. 2003||Opened the new facility of Giggs-Hungary Die Casting in Retsag, Hungary.|
|Dec. 2005||Started the construction of a new facility of Gibbs-Dalian Die Casting Ltd. in Dalian, China|
|Feb. 2008||Completed closure of the Harlingen, Texas plant.|
Supplemental Information 1
Note: A figure in brackets ( ) indicates a loss