After failing as the owner of Bonanza steakhouses in Detroit in the 1980s, Ronald Hall Sr. bounced back to found and run Bridgewater Interiors LLC, a maker of car seats that was No. 3 among U.S. black-owned companies ranked by Black Enterprise in 2015.
Bridgewater, a joint venture of Johnson Controls Inc. and investors led by Mr. Hall, survived the severe auto sales slump of 2008 and 2009. It now has four U.S. plants and plans to open one in Mexico.
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