Industry News Sigma Electric Manufacturing
Sigma Announces Acquisition of Avalon Precision Casting
Corporation (“Sigma”) a leading global manufacturer of ferrous and non- ferrous castings, precision machined components and sub-assemblies, today announced the acquisition of US-based Avalon Precision Casting (“Avalon”).
with additional plants in Wisconsin, Avalon
Headquartered in Cleveland, OH, manufactures
investment
castings products for blue-chip customers in the aerospace, defense, HVAC, power, agriculture, and oil & gas end markets. The combination of
Avalon’s
investment castings capabilities and Sigma’s global, market-leading casting and precision machining capabilities brings significant product sourcing, supply chain management, and scale opportunities to each company’s customer base. The combined business is well placed to be a valuable strategic partner as customers increasingly look to manage and streamline complex global supply chains and work with world-class casting suppliers with comprehensive product offerings across
metal types and process
capabilities. Viren Joshi, Chief Executive
Officer and President, Sigma, said, “We are excited about the addition of the Avalon facilities, and warmly welcome Avalon as a part of the Sigma team. This acquisition combines the excellent investment casting capabilities of Avalon with the global presence and strengths of Sigma. The combination of both companies will add value for our combined customer base, as together we create a more comprehensive product and service offering leveraging the strengths of both companies.”
David Palivec, President & CEO,
Avalon, said, “We are proud of Avalon’s long history as a valued supply partner for our investment casting customers. Our new partnership with Sigma will
62 ❘ September 2019 ®
enhance our capabilities to help us better serve our markets and expand our product offering. We look forward to our next phase of growth as a part of Sigma’s global platform.”
About Sigma Electric Manufacturing Corporation Headquartered in Garner, North Carolina, Sigma Electric Manufacturing Corporation, a portfolio company of Argand Partners, is a global leading manufacturer of precision machined castings and components. Sigma has twelve world class manufacturing facilities in India & Mexico and a Global Supply Chain delivery center in Garner, NC. Sigma supplies MNCs across the world in the electrical, lighting, home appliances, telecom, industrial and process instrumentation markets. Sigma offers customers a wide range of services including engineering and design, secondary finishing, assembly, packaging and global supply chain management. Sigma’s engineering expertise,
lean manufacturing
practices, innovative products, and superior customer service makes it the preferred partner of choice for many of the world’s leading brands.
About Avalon Precision Casting Company Headquartered in Cleveland, Ohio, Avalon Precision Casting Company is a full-service turnkey casting platform, a one stop shop solutions and value add components manufacturer. Avalon has four fully equipped facilities in Ohio and Wisconsin
for the manufacture
of precision thin walled investment castings. These castings are supplied to leading US customers in the aerospace, defense, HVAC, power, agriculture, oil & gas end markets. The company has certifications including AS 9100D, ITAR, PED, ANAB, ISO and Nadcap. Avalon has differentiated itself in the marketplace due to its people, processes, capabilities and expertise.
Eagle Engineered Solutions Announces Promotion of Eric Rodriguez to Vice President of Sales and Marketing
Eagle Engineered Solutions is pleased to announce the promotion of Eric Rodriguez to Vice President of Sales and Marketing. Eric joined Eagle in the Fall of 2018 with 20 years of investment casting experience. Eric will continue to lead the sales and marketing efforts of Eagle and build on existing and new opportunities to uniquely serve the IC marketplace. “Eric’s
range of employees experience and his in
the investment casting industry, his dedication to doing the best possible job for his customers, colleagues and
overall
professionalism make him a valuable leader at Eagle,” stated Mike Hascher, President of Eagle. Eric
resides in Medina, OH
with his wife, Rhonda, and his two children, Everett and Esme.
About Eagle Engineered Solutions Eagle Engineered Solutions is a global leader in cost and time reducing solutions to the Investment Casting industry.
Eagle’s range of products and services include 3DP/AM Patterns, Ceramic Cores, Fixtures, Setters, Molds, 3D Printers, Blayson Waxes, Casting Cleaning and Core Leaching Services. Eagle can be contacted at +1 330 325 4300 or
eaglesales@eagle-esi.com.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64
