Page 8 - MetalForming-Apr-2018-issue

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Business Notes
shop for material processing that includes grinding, lathe and turning centers, two hori- zontal mills, and CNC machines for manufacturing custom manifolds and machine parts.
and other specialized metal formed products for air-han- dling, energy, agriculture and other industrial market seg- ments.
Missouri Metals to leverage Samuel’s commercial organi- zation, culture and sales net- work for incredible growth opportunities.”
Magnum Press Completes Relocation
“With this acquisition, Samuel is broadening our metalforming capabilities, and is positioning both Mis- souri Metals and Metal Spin- ners for significant growth by leveraging our extensive cus- tomer relationships in key targeted markets, such as aerospace,” says Samuel Manufacturing president Rod Crawford.
In response to increasing growth and efforts to meet customers' growing demands, Magnum Press, Inc. has relo- cated to a 35,000-sq.-ft. facil- ity in Adamsville, TN. The new facility is more than three times the size of its previous factory in Illinois. The addi- tional space supports Mag- num's mission to remain solely a United States manu- facturer.
Samuel, Son & Co. Broadens Industries Served with Acquisition
Serapid Group Announces Change in Management/Ownership
The Adamsville facility includes Magnum's engineer- ing services for hydraulic- press design and modifica- tion, as well as a full fab shop for fabrication and welding services on all frames and machinery, and a full machine
Samuel, Son & Co., Toron- to, Ontario, Canada, announced its acquisition of Metal Spinners Holdings, which includes Missouri Met- als, St. Louis, MO, and Metal Spinners, with plants in Indi- ana, Illinois and Texas. Mis- souri Metals is a manufactur- er of precision components and assemblies for the aero- space and power-generation industries. Metal Spinners supplies metal spinning, hydroforming, deep drawing
Metal Spinners Holdings CEO Olin Wiland will remain as group president for the business, which will operate as a separate group within Samuel’s manufacturing divi- sion. “Joining forces with Samuel,” says Wiland, “allows Metal Spinners and
The Serapid Group, Rouxmesnil-Bouteilles, France, provider of horizontal and vertical load-transfer sys- tems based on rigid-chain technology, has announced that after 30 years as owner, Saïd Lounis has sold the com- pany to Emeric Labesse and Guillaume Davies, who serve as president-CEO and director general-COO, respectively. LBO France, a private equity company, backs Labesse and Davies. Lounis has retained an investment in The Serapid Group.
6 MetalForming/April 2018
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