Acquisition of Metallifacture Ltd; Adwest Cables Ltd; Western Thomson Controls Ltd, Dauphinoise Thomson SAS (France); Bowden SAS (France); Western Thomson India. Formation of the Magal Engineering Group.
FTW and Portland Pressings acquired and amalgamated into Western Thomson Plastics Ltd.
Construction of new production facility in Chennai, India commences.
Central R&D facility complete and fully operational.
Launch of customer-focused sales organization.
Acquisition of QH Clutch manufacturing business; Magal Engineering becomes strategic supplier to Daimler, Ford and Renault.
Production begins at Magal Eng. Tech, Chennai.
Worldwide recession hits automotive industry.
Strong restructuring; formation of strategic alliance with Midway Products US.
Launch of single company at Reading UK – Magal AWT Ltd (Adwest Western Thomson).
Start-up of significant new programs.
Launch of Magal Otomotiv Turkey JV Cavo.
Launch of new company in China; partnership with Tongrun.
Magal Tongrun in India is formed.
Production begins at Nantong Tongrun Magal Auto Accessory Co. in China