After steel, Ross turns attention to auto supply

Sep 20, 2005 | 10:28 AM | Philip Burgert

Having completed a leading role in the consolidation of the steel industry, New York-based private equity investor Wilbur L. Ross Jr. is now making plans to take on the same job in the downstream automotive parts supply industry.

Ross has announced that he owns 25 percent of Oxford Automotive Aps, the European remnant of the former Oxford Automotive Inc., the Troy, Mich.,-based stampings and assemblies supplier that emerged from Chapter 11 bankruptcy protection earlier this year. The company said it plans to continue to operate exclusively in Europe under the direction of a newly appointed board and ownership.....





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