11/4/2014 1:25:00 AM
NEWS BRIEFS
MacLean-Fogg Acquires Auto Division of Curtis Screw
MacLean-Fogg Component Solutions purchased the Automotive Division of Curtis Screw Co. for an undisclosed sum. Included in the acquisition are the manufacturing sites in Buffalo, NY, and Cornelius, NC. The new division will be known as MacLean Curtis LLC.
The acquisition expands MacLean-Fogg’s business and product range in precision-machined components.
“This transaction enables us to further diversify our customer base,” stated MacLean-Fogg Componet Solutions president Duncan MacLean, “and provides an ideal opportunity for us to better support our current clients with an expanded portfolio of high quality products and services.”
In operation since 1905, Curtis Screw had 2013 sales of over $65.5 million. The Automotive Division acquisition includes proven manufacturing capabilities; CNC and CAM multi-spindle screw machining; Hydromat rotary transfer machining; and CNC machining.
Curtis’ automotive product lines include transmission gear blanks and parking components, steering and HVAC hydraulic connectors, engine timing parts, automotive safety components and other critical machined parts for automotive, heavy truck, and other industries.
“We are looking forward to quickly and efficiently integrating our Buffalo, New York and Cornelius, North Carolina locations into MacLean-Fogg Component Solutions, and believe we now have a strong basis for future growth,” commented Curtis Screw president Paul Hojnacki.
The Curtis Screw Swiss Machining Division located in Prospect, CT, will remain with current ownership.
MacLean-Fogg Component Solutions, a division of the MacLean-Fogg Company, supplies fasteners, engineered components and linkage and suspension products to diverse industries. MacLean-Fogg has 35 global manufacturing facilities, annual sales of $1 billion, and a worldwide workforce of more than 3,500 people. Web: macleanfoggcs.com
Related Stories:
• ARaymond Completing “Biggest” Expansion
Share: