Mexican Media Brands
Tesla Buys Michigan Tooling Company
Tesla Motors Inc. has acquired Riviera Tool LLC, a Grand Rapids, Mich., maker of metal stamping dies, the Detroit Free Press reports.
Share
Tesla Motors Inc. has acquired Riviera Tool LLC, a Grand Rapids, Mich., maker of metal stamping dies, the Detroit Free Press reports. Financial details were not disclosed.
Riviera currently supplies dies to Tesla's assembly plant in Freemont, Calif., according to the newspaper. Sources tell the Free Press the Michigan company will be renamed Tesla Tool & Die.
The Riviera acquisition is Tesla's first. The purchase establishes the California company's presence in Michigan, a state that bans Tesla from selling its electric cars directly to customers.
RELATED CONTENT
-
Things to Know About Cam Grinding
By James Gaffney, Product Engineer, Precision Grinding and Patrick D. Redington, Manager, Precision Grinding Business Unit, Norton Company (Worcester, MA)
-
Ford Copies Nature
As Nature (yes, capital N Nature) has done a pretty good job of designing things, it is somewhat surprising that Man (ditto) doesn’t follow Nature’s lead more often when it comes to designing objects.
-
Engineering the 2019 Jeep Cherokee
The Jeep Cherokee, which was launched in its current manifestation as a model year 2014 vehicle, and which has just undergone a major refresh for MY 2019, is nothing if not a solid success.
