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Pace Buys Del Mars Zinc Diecasting Unit

March 16, 2010
Aluminum diecaster looks to grow, expand capabilities
Pace Industries has acquired Del Mar Industries’ zinc diecasting division for an unreported price. Del Mar operates zinc and magnesium diecasting at a plant in Gardena, CA, and aluminum diecasting at Los Angeles Die Casting Co. in Commerce, CA. Fayetteville, AR-based Pace Industries is North America’s largest aluminum diecaster, and already has zinc diecasting plants in Harrison, AR, North Billerica, MA, and St. Paul, MN. “Now more than ever, companies are looking for ways to efficiently grow business,” said Pace CEO Scott Bull. “This acquisition not only helps us achieve that goal but strengthens our position and expands our capabilities in the zinc diecasting sector.” Last year Pace Industries closed an aluminum and zinc diecasting operation in Monroe City, MO. In 2008, Leggett & Platt Inc. sold Pace to Kenner Industries, which had previously sold the diecasting chain to L&P in 1996.