Clarkwood Industries, the cast aluminum piston division of TRW Automotive Holdings Corp. (“TRW”), was acquired by Homestead Capital through a leveraged buyout. The Cleveland, Ohio plant offers casting machining, welding and assembly.
TRW, together with its subsidiaries, supplies automotive systems, modules, and components to automotive original equipment manufacturers (OEMs) and related aftermarkets. The company operates through four segments: Chassis Systems, Occupant Safety Systems, Electronics and Automotive Components. The company offers its products for passenger cars, light trucks and commercial vehicles primarily in North America, Europe and Asia. TRW is based in Livonia, Michigan.