KENTWOOD, Mich. (WZZM)—An auto parts supplier based in Kentwood is changing hands.
Autocam Corporation is being sold to NN Inc., of Johnson City, Tennessee. Autocam produces automobile fuel systems, engines, transmissions and other systems.
Its president, John Kennedy, will become a major stockholder in NN, which is a publicly-held company. It's unclear how the sale will impact employees.
Kennedy and Autocam have been involved in a lawsuit over the Affordable Care Act coverage of contraceptives. Kennedy will retain ownership of the medical portion of the business.