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INDUSTRY NEWS


Brothers Buy CMI-Schneible Brian Schram and Jeffrey


Schram have purchased 100% stock of CMI-Schneible Co., Saginaw, Mich., a vertically-integrated Tier 1 production and manufacturing facil- ity founded by metalcasting leader Ray Witt in 2001. CMI-Schneible offers engineering services, certified custom fabrications, proprietary


manufacturing processes, parts cleaning and inspection programs, as well as equipment maintenance and refurbishment programs, and diag- nostic programs, including destruc- tive and non-destructive testing. Brian Schram, who has more than 15 years of sales and operations experience in insurance and finance,


including five years of ownership of his own firm, will serve as presi- dent of CMI Schneible. “To pro- vide a quality product, we need to attract and retain the best employees in the region. I feel those employees are in place today,” he said. Jeffrey Schram has 15 years of financial and operations experi- ence and began his career in the private equity industry, working and evaluating acquisitions. He will serve as CEO. “We are excited to be a part of the CMI team and look forward to continuing the long tradition of quality and service that has made CMI-Schneible a leader in the industry,” he said. The purchase was facilitated


Jeffrey Schram and Brian Schram purchased 100% stock of CMI-Schneible Co.


through relationships with Comerica Bank and the law firm of Howard & Howard Attorneys PLLC.


12 | MODERN CASTING September 2012


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