WardsAuto logo
Lincoln
Tenneco sells brake unit; Cooper buys AbexTenneco sells brake unit; Cooper buys Abex
Tenneco Automotive sells its Lincolnshire, IL-based brake division to James E. Bennett Jr. of Charleston, SC, for undisclosed terms. Under Bennett the company, which had $63 million in 1994 sales, will be called Brake Pro Inc. and will continue to manufacture and sell asbestos-free brake pad and brake shoe friction materials. Meanwhile, Cooper industries of Houston, TX, completes the purchase of Abex
Subscribe to a WardsAuto newsletter today!
Get the latest automotive news delivered daily or weekly. With 6 newsletters to choose from, each curated by our Editors, you can decide what matters to you most.