Victaulic acquires its fourth U.S. foundry

On March 30, Victaulic, a manufacturer of mechanical pipe joining, fire protection and flow control solutions, acquired Horizon Metals Inc., located in Nephi, Utah. Victaulic stated the addition of the 1.4-million sq.-ft. foundry increases its capacity for large-diameter piping solutions and is aligned with the strategy to manufacture these products in the U.S.

“A major aspect of Victaulic’s business strategy has always been to manufacture products in close proximity to our customers,” commented Rick Bucher, president and chief executive officer of Victaulic. “Like our Tennessee Metal Fabricating Corp. acquisition last year, the purchase of Horizon Metals demonstrates our continuous commitment to this strategy by expanding our growth and service capabilities to our valued North American customers. With this purchase, Horizon Metals represents Victaulic’s fifth foundry in North America and our fourth foundry located in the United States. We are thrilled to welcome the employees from Horizon Metals into the Victaulic family.”  CS