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Modern Equipment Co. Inc. and Støtek Inc. have formed a strategic alliance to jointly market their products in North America.
Released on June 17, 2009
Modern Equipment Co. Inc., Port Washington, Wis., and Støtek Inc., Pewaukee, Wis., have formed a strategic alliance to jointly market their products in North America.
According to a press release, the companies believe their product offerings are complementary and that the alliance will broaden the range of aluminum casting furnaces each is able to offer.
“This combination will benefit Modern and Støtek by expanding the joint product offering and leverage Modern’s nation leading melt furnace position into other product categories,” said Wade Roberts, Modern’s chief operating officer.
Modern is a subsidiary of ALCO Industries and manufactures Jet Melters, ladles, cupolas, inert gas generators and custom pressure vessels. The company also provides subcontract fabrication and machining services. Støtek is the U.S. joint venture of Støtek Danmark ApS, a Danish manufacturer, with a particular emphasis on dosing, holding and crucible furnaces. Støtek President Pat Brown will head the metalcasting sales and marketing for both companies going forward.
“This partnership positions the companies to offer the broadest line of aluminum melting, holding and dosing furnaces in the industry,” Brown said. “It also opens the way for us to begin manufacturing Støtek product in the U.S.”
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