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Stahl Judenburg covers whole value chain for steering racks for U.S. market



March 16, 2011

Group acquires Bishop Steering Technology with production in Indianapolis, IN

Austrian GMH Stahlverarbeitung (GMH) has acquired the Australian Bishop Steering Technology group (BST) including a subsidiary in Indianapolis (IN).

Stahl Judenburg GmbH , part of GMH, is one of the leading manufacturers of bright steel in Europe. It develops specialized materials for the manufacture of steering racks and other high-performance components. The acquisition of BST represents a significant expansion of the Steel Processing Unit. This supplements and reinforces the development, production and service strengths of Stahl Judenburg. The integration of Stahl Judenburg and BST companies results in the ability to cover the entire value chain from the design of a steering gear by BST, development of the required steel by Stahl Judenburg GmbH, to the fabrication of steering racks and other steering components by BST.

The Bishop Steering Technology is a world leader in the development of steering systems, steering racks and components for the automobile industry. The company’s areas of specialization include the development of prototypes, production equipment, and support services for the manufacture of specialized steering components and assemblies. Additionally, BST has licensed its technology to manufacturers of steering gears and components. BST has over 250 patents and patent applications in 17 countries as well as numerous licensees worldwide. Bishop technology has become increasingly common in a range of motor vehicle applications around the world, ranging from Formula 1 race cars to standard passenger cars through to light truck applications. BST companies currently employ a total of 16 engineers in its offices in Indianapolis Sydney and Cologne. Furthermore, there are approximately 30 persons employed in the production area at Indianapolis.