Winsert buys Alloy Cast Products
Wisconsin-based Winsert, a global advanced manufacturer of critical metal parts for Fortune 500 OEMs and Tier 1 suppliers, has acquired Alloy Cast Products, Inc. (ACP), an investment casting and machining manufacturer of exotic cobalt alloys headquartered in Kenilworth, New Jersey.
ACP’s experience, manufacturing methods, and alloy portfolio will enhance Winsert’s metal forming capabilities. The acquisition will allow for additional products and services to be offered to the two companies’ current and prospective customers. ACP’s customers will continue to receive the high-quality products that they have become accustomed to.
“I’m confident that the REXALLOY product line and all other products will be in good hands with Winsert’s increased production capacity and attention to high quality,” said Frank Panico, Alloy Cast Products president. “Winsert brings expanded services that Alloy Cast Products alone could not provide. We have entered this acquisition with great confidence and pleasure knowing that the business is in the very capable hands of Winsert.”
Winsert’s President Mark Coduti said, “We are excited to add ACP’s capabilities to the Winsert family. The combining of our advanced machining and vast alloy portfolio with their investment casting capabilities really creates significant opportunities in all the markets we serve. The customers of both Winsert and ACP will benefit from this complimentary acquisition.”