INDUSTRY news
Wisconsin Investment Caster Acquires Northern Precision Wisconsin Precision Casting Corp.,
East Troy, Wis., announced its acquisi- tion of Northern Precision Casting Corp., Lake Geneva, Wis. Northern Precision focuses on ma-
chinery and construction equipment, industrial tools and fl uid handling sys- tem components in sizes from ounces to 30 lbs. T e company pours more than 100 alloys. Wisconsin Precision, which cele-
brated its 50-year anniversary in 2014, serves primarily manufacturers of food processing equipment, healthcare equipment and the OEM marketplace with castings up to 150 lbs. in more than 150 ferrous and nonferrous alloys. It has experienced signifi cant growth over the years and the management sees this acquisition as an important key to its future growth. “With the strengths and talents
each operation brings to the table, we feel there will be exciting possibilities for both our customers and employees,”
Asahi Buys Canadian Precision Metalcaster
Johnson Matthey PLC has an- nounced the sale of its Canadian invest- ment casting business, Johnson Matthey Precision Castings, to Asahi Holdings Inc. of Japan. T e companies have come to an agreement in principle for Asahi to acquire Johnson Matthey’s gold and silver businesses in Salt Lake City, and Brampton, Ontario, Canada. T e Johnson Matthey investment
castings operation, in St. Catharines, Ontario, is managed as a separate busi- ness reporting to the gold and silver business in Brampton and was included in the transaction, which is expected to close in March. Once the transaction is complete, the
company will continue to operate out of St. Catharines, but under the name Niagara Investment Castings, a divi- sion of ASAHI Refi ning Canada Ltd. T e business is one of Canada’s largest manufacturers of commercial invest- ment castings, producing a wide range of ferrous and nonferrous castings for industrial customers worldwide.
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said Cliff Fischer, co-owner and vice president of operations, Wisconsin Precision. “T e added capacity will allow Wisconsin Precision Casting to continue to grow and to serve our cus- tomers by delivering a quality product on time at a competitive price.”
Northern Precision Casting will
retain its name and become a divi- sion of Wisconsin Precision Casting Corp. T e two plants are located within 19 miles of each other with more than 160,000 sq. ft. of manu- facturing capability.
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We excel as a niche short-run foundry operation producing complex patterns, core boxes, permanent molds, dies and prototype components ranging in weight from a few pounds to 1800 pounds. Section sizes from 1/4 in.
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Specialty metals poured include alloy steels, stainless steels, tool steels, nickel and cobalt based alloys and all types of Meehanite gray and ductile irons.
We deliver consistently sound, dimensionally accurate castings that live up to the most demanding expectations. Near-net shape castings require fewer cuts, machine faster and lower your costs.
Want to learn more about our capabilities and how we can serve you?
Call 314-849-4080
E-mail:
sales@stlprecision.com or visit our website:
www.stlprecision.com
Mar/Apr 2015 | METAL CASTING DESIGN & PURCHASING | 11 4/29/13 5:06 PM
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