Industrial Opportunity Partners has sold AFS Corporate Member Aarrowcast Inc. to Charter Manufacturing, a producer of carbon-steel bar, rod, and wire products headquartered in Mequon, Wisconsin. Terms of the sale were not disclosed.
The Lawton Standard Co. recently added the facilities and employees of QESC (Quality Electric Steel Castings, Houston, Texas) to its growing casting business. The new site will operate as a sister operation to The C.A. Lawton Co., De Pere, Wisconsin; The C.A. Lawton Co., Minster, Ohio; Temperform, LLC, Novi, Michigan; and Penn-Mar Castings, LLC, Hanover, Pennsylvania. Each company will access the other’s products and benefit from adopting best practices across the family.
Acme Alliance LLC, (Northbrook, Illinois) received the 2021 National Metalworking Reshoring Award in recognition of its success bringing manufacturing back home to the U.S. The award was presented at FABTECH on September 14.
The award is given annually in recognition of successful reshoring and honors companies that have effectively brought back to the U.S. products, parts or tooling made primarily by metal forming, fabricating, casting or machining, including additive manufacturing. Both OEMs and suppliers are eligible.
AFS Corporate Member Wisconsin Aluminum Foundry (WAF) (Manitowoc, Wisconsin) has purchased Wabash Castings in Wabash, Indiana.
Madison-Kipp Corp. (MKC) (Madison, Wisconsin) has acquired the assets of a Richmond, Indiana, diecasting facility, which the company says expands its geographic footprint and allows it to better serve its customers.
AFS Corporate Member Ermak Foundry & Machining (Chaska, Minnesota) has acquired Patriot Foundry & Castings and RDS Dock Hardware of Franklin, New Hamp-shire. Customers will benefit from the combined capabilities to produce nonferrous products from green sand molds, no-bake/air set, permanent mold/gravity-fed die-cast, and the associated services of machining, heat treating, precision grinding, painting, anodizing/plating, and assembly.
IBC Advanced Alloys Corp. (Franklin, Indiana) a beryllium and copper advanced alloys company, has received purchase orders for beryllium alloy parts totaling more than $1 million that are used in Raytheon Technologies’ Advanced Targeting Forward Looking Infrared (ATFLIR) system for the U.S. Navy’s F/A-18 Super Hornet aircraft.
According to a release from Advancing Medical Innovations (AMI) in Hingham, Massachusetts, Performance Compounds Inside (PCI) has made historic advancements in metallurgy with its 3PRE Technology, a novel and proprietary process of activating antimicrobial properties.
AFS Corporate Member Metal Technologies Inc. (Auburn, Indiana) has acquired AAASE’s Mexico machining operations in San Luis Potosi, Mexico, which will do business as Metal Technologies Maquinados de SLP (MTMS)––the existing management team remains in place going forward.
TRM Equity has acquired Elyria Foundry and Hodge Foundry (Elyria, Ohio), a company specializing in ductile iron castings up to 200,000 pounds and serving many markets including defense, oil and gas, construction equipment and mining. Elyria Foundry has operated since the early 1900s and has developed a strong technical and metallurgical team that drives its success.