7/22/2013 12:19:00 PM
NEWS BRIEF
Specialty spring and fastener manufacturer MW Industries acquired Mohawk Spring.
Headquartered near Chicago in Schiller Park, IL, Mohawk manufactures precision springs, wire forms, and rings for the heating, cryogenics, hydraulics, electrical distribution, irrigation, computer technology, home appliance, construction equipment, medical device and aerospace industries.
“Mohawk has shown strong performance with an ability to maintain and build on long-standing customer relationships,” stated MW Industries CEO Bill Marcum.
MW Industries has completed 5 acquisitions in the last 2 years — including Hi-Tech Machine — and continues to evaluate additional companies to acquire.
Headquartered in Rosemont, IL, MW Industries employs more than 1,000 workers at 14 U.S. locations to manufacture springs, specialty fasteners and other components for more than 23,000 customers. Its 40,000 products are sold through a combination of direct sales, catalogs and distributors to OEMs and aftermarket customers in the medical, aerospace, electronics, agriculture/construction, automotive replacement, energy and defense industries.
MW Industries is a portfolio company of private equity firm Genstar Capital. Web: mw-ind.com ©2013 GlobalFastenerNews.com
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