CurAegis Technologies Inc (fka CRGS)

[Artguy]

Gleason Power Systems was acquired in 1989 by Diesel Kiki, who then changed their name to Zexel. We adopted Torsen in the name to better distinguish what our division does as compared to the rest of Zexel Corporation.

Zexel Torsen, Inc. was a part of the global Zexel Torsen business which was majority-held by Robert Bosch Corporation since 1999. Torsen designs and currently manufactures the patented TORSEN® differential.

Toyoda Machine Works Ltd. purchased the worldwide Torsen division from Robert Bosch / Zexel Corporation. Zexel Torsen, Inc. has been renamed Toyoda-Koki Automotive Torsen North America Inc. to reflect this change. The company name change became effective September 1, 2003 -

From the Torsen.com website. Can't remember where I heard what the purchase amount was. Might have been at a stockholders meeting.