Motus Integrated Technologies, a Tier 1 and Tier 2 supplier of automotive interior products to automakers globally, has agreed to acquire Janesville Fiber Solutions, a division of Jason Industries Inc. Holland-based Motus is expected to close the transaction late in the third quarter.
Janesville produces high-performance engineered acoustical and thermal fiber solutions for a variety of automotive applications. The company has more than 1,000 associates in Michigan, Mississippi, Missouri, North Carolina and Mexico.
"With this acquisition, Motus' portfolio of innovative interior offerings and advanced manufacturing facilities continues to expand and benefit our customers around the world," said Motus President and CEO Shannon White. "Both Motus and Janesville are recognized industry leaders in compression forming. Janesville's expertise in materials, strong customer relationships and complementary footprint will enable us to offer our customers more innovative, lightweight product solutions that meet increasing demands for interior quality and design innovation.”
Motus is a provider of headliners, automotive interior door and console armrests to the OEMs and Tier 1 suppliers. Motus operates a global manufacturing platform with more than 2,000 associates operating from its five current facilities. In addition, the company recently announced the construction of a new $15 million plant in Gadsden, Alabama, which is expected to begin operations in mid-2020.
Upon closing, leaders and key members of the Janesville organization will join the Motus leadership team, ensuring reliability and consistency during the transition process.
“Motus is a good, strategic home for Janesville and its employees,” Jason Chairman and CEO Brian Kobylinski said in a statement. “We are confident that Motus will elevate the business and create more value for our customers through high-performance product offerings.”
