The 2020 Mid-Year Economic Update_long

ParkOhio Acquires Autoform Tool & Manufacturing

Purchase bolsters company's assembly components segment.

ParkOhio Industries, Inc., Cleveland, OH, a subsidiary of ParkOhio Holdings Corp. (NASDAQ: PKOH), has acquired Autoform Tool & Manufacturing Inc., Angola, IN, for $48.2 million for the company's assembly components segment.

ATM is a manufacturer of high pressure fuel rails and high and low pressure fuel lines used in gasoline direct injection systems used by automotive and truck manufacturers.

ParkOhio is a provider of supply chain logistics services and a manufacturer of highly engineered products. The company operates 41 manufacturing sites and 55 supply chain logistics facilities.

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