MetalTek's Takeover of Sandusky Now Complete

The combination of new capabilities, expanded technical expertise, and global presence will allow us to become an even more valued partner in our markets.

MetalTek International confirms it has completed its acquisition of Sandusky International, a deal announced in September. The value and terms of the transaction remain unknown. “We are very excited to have assembled what we believe is the most powerful force in centrifugal casting throughout the world. Our customers will benefit from the synergies that we will realize from combining our two companies,” according to Robert Smickley, MetalTek president and CEO.
The consolidated company will promote its advantages as a supplier of high-value centrifugal castings, its capabilities with very large sizes, and its expertise in a wide variety of alloys. MetalTek added that its technical capabilities will drive Sandusky’s expansion into heat, wear, and corrosionresistant product lines, and their combined sales force will have better access to new market segments worldwide.
“The combination of new capabilities, expanded technical expertise, and global presence will allow us to become an even more valued partner in our markets. This is just the next step in realizing our vision to be the world leader in metalworking technology and products,” according to Smickley.
MetalTek is a foundry holding company based in Waukesha, WI. Its operations include five U.S. foundries — Bearium Metals and Southern Centrifugal, both in Chattanooga, TN; Carondelet Corp., in Peveley, MO; Wisconsin Centrifugal, in Waukesha, WI; and Wisconsin Investcast, in Watertown, WI. MetalTek also owns Meighs Castings Ltd., a foundry in Stoke-on-Trent, England; and Advanced Energy Components, an extension of Wisconsin Centrifugal that manufactures high-integrity parts for energy and defense propulsion applications, like turbine engine, flight turbine, and nuclear power generation.
Sandusky International operates two foundries that produce centrifugal castings in bronze, stainless steel, and a patented duplex stainless steel called Alloy 86. Sandusky’s product line includes stainless steel and bronze suction roll shells used in papermaking machinery.
 

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish