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AUTOMOTIVE & TRANSPORTATION | Automobile Parts

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Stage

Acquired | Acquired

About TK Holdings

TK Holdings manufactures and supplies automotive safety restraints.In August 2011, TK Holdings was acquired by GP Strategies. The valuation of TK Holdings was undisclosed. Other terms of the deal were not released.

TK Holdings Headquarter Location

2500 Takata Drive

Auburn Hills, Michigan, 48326,

United States

Latest TK Holdings News

Recall of new Takata inflators ruled out

May 9, 2020

by THE ASSOCIATED PRESS | Today at 1:49 a.m. FILE - This June 25, 2017 file, photo shows TK Holdings Inc. headquarters in Auburn Hills, Mich. Takata is recalling 10 million more front air bag inflators sold to 14 different automakers because they can explode with too much force and hurl shrapnel. The recall is the last one the bankrupt company agreed to in a 2015 settlement with U.S. safety regulators. It could bring to a close the largest series of recalls in U.S. history. (AP Photo/Paul Sancya, File) DETROIT -- The U.S. government's highway safety agency will not force automakers to recall 56 million newer Takata air-bag inflators, citing industry research that shows the devices are safe. Instead, the National Highway Traffic Safety Administration said Thursday that it will keep monitoring the devices and take action if necessary. At least 25 people have been killed worldwide by Takata inflators and more than 300 have been injured. Problems with the company's products touched off the largest string of automotive recalls in U.S. history with around 50 million inflators recalled. About 100 million are being recalled worldwide. The decision announced Thursday involves newer inflators that contain a moisture-absorbing chemical. It means that millions of drivers will never know if they have Takata inflators in their vehicles, nor will they be repaired unless problems surface. It also means that up to 19 auto companies will avoid the huge expense of additional recalls. Takata had used the volatile chemical ammonium nitrate to create a small explosion to inflate air bags in a crash. But it was discovered that the chemical can deteriorate over time when exposed to high heat and humidity. It can explode with too much force, blowing apart a metal canister and hurling shrapnel into drivers and passengers. After problems surfaced with the inflators starting in the early 2000s, Takata added the chemical called a dessicant to absorb moisture and keep the ammonium nitrate dry. The bankrupt company had until the end of last year to prove the newer inflators were safe or traffic safety agency would force them to be recalled. Business on 05/09/2020

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Expert Collections containing TK Holdings

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

TK Holdings is included in 1 Expert Collection, including Conference Exhibitors.

C

Conference Exhibitors

6,062 items

Companies that will be exhibiting at CES 2018

TK Holdings Patents

TK Holdings has filed 414 patents.

The 3 most popular patent topics include:

  • Automotive safety technologies
  • Compact cars
  • Car safety
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/28/2017

12/28/2021

Capacitors, Electrical engineering, Electronic circuits, Analog circuits, Microcontrollers

Grant

Application Date

7/28/2017

Grant Date

12/28/2021

Title

Related Topics

Capacitors, Electrical engineering, Electronic circuits, Analog circuits, Microcontrollers

Status

Grant

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