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Article: ASC sells off specialty car equipment.(Suppliers)
- Article from:
- Automotive News
- Article date:
- February 5, 2007
- Author:
CopyrightCOPYRIGHT 2007 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Robert Sherefkin
A dearth of new contracts has prompted ASC Inc. to retreat from its high-profile specialty vehicle business.
Late last month, liquidators sold presses, paint lines, sanding stations, injection-molding machines and other equipment that filled three of the plants ASC closed last year, according to Hilco Industrial LLC, an industrial equipment liquidator.
With the decline in specialty vehicle programs, ASC Vice Chairman Chris Theodore says, the company is focusing on convertible tops and other so-called open-air systems.
The late Heinz Prechter founded ASC as American Sunroof Co. in 1965. It made sunroofs for ...