Hastings Manufacturing Completes Voluntary Delisting Action

Hastings Manufacturing Company (USA) has successfully completed its voluntary delisting from the American Stock Exchange. It now trades on the Pink Sheets under HGMG. Hastings is a supplier of internal engine components, primarily to the automotive aftermarket in the U.S. and Canada. Its product lines include ACL brand engine bearings, Hastings piston rings, Zollner domestically-produced pistons, and gaskets and other products under the ACL brand. Casite brand engine additives are also part of the product mix, through a joint venture arrangement. In mid-October, eBearing published a detailed article about Hastings, the delisting action, and the company's difficult operating condition.