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February 10, 2016 5:53 PM ET

Auto Components

Company Overview of Metaldyne Performance Group Inc.

Company Overview

Metaldyne Performance Group Inc. manufactures and sells components for use in powertrain and safety-critical platforms in the United States, Europe, and internationally. The company’s powertrain products include components for engine, transmission, and driveline applications; and safety-critical products comprise components for chassis, suspension, steering, and brake applications. It operates in three segments, HHI, Metaldyne, and Grede. The HHI segment offers engineered forgings, including transmission components, drive line components, wheel hubs, axle ring and pinion gears, sprockets, balance shaft gears, timing drive systems, variable valve timing (VVT) components, transfer case compone...

47659 Halyard Drive

Plymouth, MI 48170

United States

Founded in 2010

12,000 Employees

Phone:

248-440-9503

Key Executives for Metaldyne Performance Group Inc.

Chief Executive Officer, Chief Executive Officer of Hhi, President of Hhi and Director
Age: 52
Total Annual Compensation: $857.6K
President, Chief Operating Officer, Chief Executive Officer of Grede and President of Grede
Age: 53
Total Annual Compensation: $670.0K
Chief Financial Officer and Treasurer
Age: 47
Total Annual Compensation: $468.8K
Compensation as of Fiscal Year 2014.

Metaldyne Performance Group Inc. Key Developments

Metaldyne Performance Seeks Acquisition

Metaldyne Performance Group Inc. (NYSE:MPG) is looking for acquisition opportunities. Metaldyne Performance has filed a shelf registration and net proceeds from the sale of the securities offered by us in this prospectus will be used for general corporate purposes, including working capital, acquisitions, retirement of debt, and other business purposes.

Metaldyne Performance Group Inc. Announces Executive Changes

Metaldyne Performance Group Inc. announced that Thomas Amato, Co-President of MPG and President & CEO of Metaldyne, LLC will leave the company to pursue other interests, effective at the end of 2015. Concurrent with Amato's departure, Douglas Grimm, currently Co-President of MPG, has been named President & Chief Operating Officer with responsibility for all operating activities of the various MPG operations and Russell Bradley has been named Executive Vice President of Sales with responsibility for coordinating the sales efforts of the operating divisions.

Metaldyne Performance Group Inc. Declares Quarterly Dividend for the Third Quarter of 2015, Payable on December 3, 2015

Metaldyne Performance Group Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.09 per share of common stock, payable on December 3, 2015 to stockholders of record on November 20, 2015.

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