INDUSTRY news
Smith & Wesson Investment Casting Facility Sold to Management, Begins Relocation Project
T ompson Investment Casting,
Rochester, N.H., is moving to a building several miles from its existing plant in the wake of being sold by fi rearms company Smith & Wesson at the beginning of the year. T e company was sold to its existing management team in early 2012. As part of the purchase agreement, the new owners committed to moving out of the Smith & Wesson-owned building it occupied by the end of August.
“We’re moving in two time
periods,” said Ford Bishop, plant manager. “T e fi rst half was in late May. T e fi nal half will be sometime around August.” T ompson is currently managing
its inventory to handle the four weeks of shutdown required for the move’s two stages. T e company’s new 35,000-sq.-ft. plant on Dover Road in Rochester will be slightly larger than its existing space and include an improved fl oor plan for
Esco Acquires 100% of Distribution Arm
Esco Corp., Portland, Ore., announced it has acquired full ownership of its supply and service division Esco Supply Limited. Esco, which maintains metalcasting
capability for the production of wear parts and attachments for the mining and infrastructure development industries, formed the dealership as a partnership in 2007 with Equipment Sales and Service (ESS), Toronto, Canada, to deliver its products to the oil sands region. Esco said in a press release Esco
Supply Limited is its largest supply and service location in the world. T e company expects the transaction to add to its recent expansion eff orts, which have focused on direct distribution and service off erings for mining customers. Jon Owens, president of Esco’s
Engineered Products Group, said the transition will require no change in employees, the company name or services off ered to customers. “Esco Supply Limited in
Canada will operate today the exact same way it has operated the past five years,” he said. “We value the partnership we have had with ESS in the oil sands and look forward to continuing our relationship with them in the other regions of Canada where they serve as the Esco dealer.”
Jul/Aug 2012 | METAL CASTING DESIGN & PURCHASING | 11 ESS has been an Esco dealer
for more than 20 years. Esco operates a network of 34 manufacturing
facilities and 48 sales and distribution offi ces in 21 countries on six continents.
leaner operations. T e facility will be outfi tted with T ompson’s existing investment casting equipment. “We want everyone to know
we are essentially the same group of managers running the company,” Bishop said. “There will be strong continuity.” T ompson sells ferrous and
nonferrous investment castings to commercial customers in a variety of industries, including fi rearms, medical, valve, tools and marine.
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