INDUSTRY NEWS
AMT Acquires Kotobuki-Reliable Die Casting American Metal Technologies
LLC, Sturtevant, Wis., has acquired Xenia, Ohio-based Kotobuki-Reliable, according to the Milwaukee Biz- Times. Te diecaster manufactures precision machined aluminum parts in a variety of alloys. AMT is a precision machin-
ing company with customers in the automotive, truck and off-highway markets. Its owners are pursuing verti- cal integration targeting high pressure
Badger Alloys an Inc. 5000 Fastest Growing Company Milwaukee, Wis.-based Badger Alloys,
a family-owned and operated foundry that specializes in custom castings, was ranked 4,757 on Inc. magazine’s annual list of America’s fastest-growing private companies. Te list represents the most comprehensive look at the country’s independent entrepreneurs. Badger Alloys was recognized for its
50% revenue growth and 56% employ- ment growth over the past three years. Te company also was recently
recognized locally as a “Future 50” company by Metropolitan Milwaukee Association of Commerce. Founded in 1966, Badger Alloys
offers single-source responsibility for custom castings. Te company employs more than 125 and includes a sand metalcasting facility, pattern shop and machine shop to offer fully integrated services.
NEWSCAST Burnham, Ill.-based Scrap Metal
Services, LLC (SMS) has acquired the auto shredding operation of 360 Degree Metal Recycling Inc. and its full-service scrap yard in New Carlisle, Ind. Tis existing facility is strategically located to enable SMS to cost-effectively trans- port shredder feedstock scrap including vehicles and obsolete scrap from its nine Northwest Indiana and Chicago retail facilities and auto parts operations.
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allow AMT to have greater influence over the sourcing and quality of its
aluminum diecasting firms, with the help of Milwaukee-based investment bank Promontory Point Capital. Te acquisition reportedly will
aluminum casting requirements while improving its relationships with key customers, according to Promontory Point, which evaluated acquisition candidates and served as financial advisor in the transaction.
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