Dow Sells Business to Townsend Ventures LLC Affiliate
Dec 06, 2013
The Dow Chemical Company has sold its interest in Dow Kokam LLC to MBP Investors LLC, an affiliate of Townsend Ventures. The acquisition makes MBP the majority owner of Dow Kokam, which includes the Midland Battery Park in Michigan and the Lee’s Summit facility in Missouri. Dow Kokam currently provides high-performance advanced energy storage solutions to a wide range of customers in the fleet transportation, stationary storage, marine, defense and industrial markets.