MetalTek International recently acquired a fabricating and machining operation that specializes in projects for energy markets. Specialty Maintenance and Construction Inc. (SMCI) performs “close-tolerance fabricating and machining services,” producing pressure vessels and piping, and other structures, including projects that involve mild and high-strength carbon steels, copper, brass, bronze, stainless steels, Inconel, Hastalloy, aluminum, and titanium. The Lakeland, FL-based company states it has completed projects for Boeing, Lockheed Martin, NASA, the U.S. Dept. of Defense and Dept. of Energy, and Westinghouse, among others.
“The addition of SMCI’s capabilities further advances MetalTek’s growth strategy as a key comprehensive provider of metals technology in targeted global markets,” the buyer announced. The cost of the takeover was not announced.
“We are very excited to be able to continue to offer our customers the expanded capabilities of a world‐ class metals technology company,” MetalTek CEO Robert Smickley said. “The breadth and depth of MetalTek’s product and service package is further enhanced by the considerable offerings of our new partner SMCI. We know of no other company anywhere that can provide customers in our markets the range of high quality products from various metalworking technologies that they can get from MetalTek.”
MetalTek is a holding company for numerous foundries and specialty manufacturers. The list of the former includes Southern Centrifugal, in Chattanooga, TN; Carondelet Corp., Peveley, MO; Wisconsin Centrifugal, Waukesha, WI; and Wisconsin Investcast, Watertown, WI. The company also operates Sandusky International in Sandusky, OH, and Glenrothes, Scotland, a producer of bronze and stainless centrifugal castings for suction roll shells used in papermaking; and Meighs Casting Ltd., a foundry in Stoke-on-Trent, England.
In October, MetalTek instituted a reorganization that established three business units, one of which is the MetalTek Energy Group that includes manufacturers and fabricators active in oil-and-gas, conventional and nuclear-power generation, and environmental markets.
Kevin Hissem, SCMI vice president and general manager said, “Joining with MetalTek provides SMCI with a unique opportunity to grow in those markets where we truly have something special to offer. Our target markets, business philosophies and culture, and commitment to providing exceptional products and services to our customers are really aligned with MetalTek’s. The technical expertise along with the sales and marketing horsepower of our combined companies will give our customers even more capabilities to pick from.”
“The addition of SMCI to our newly formed Energy Group puts us in a very strong position to be the ‘go‐ to guys’ for almost anything metal in our targeted key environmental and energy markets.” said Smickley. “We will continue to do whatever it takes to help our customers access the alloy materials and process technology that they need to be successful in their markets.”