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Bayloff Adds Capital to Boost Middleville Tool's Mfg. Capabilities

Monday, January 23, 2017
 

The Bayer family, owners of Bayloff Stamped Products, recently purchased a controlling equity interest in Middleville Tool & Die Co., Middleville, MI. With the new capital, Middleville Tool, with the founding Middleton family still holding a significant stake, plans to add manufacturing resources without incurring large debt.

“The move gives Middleville Tool the flexibility to invest in its manufacturing operations, which have been responsible for the company’s growth in recent years, “reads an article from MiBiz.com. “While the company has offered contract manufacturing services since 1972, it significantly increased its capabilities in 2003 after it developed a proprietary process for stamping unique tubular metal structures.”

Since that time, the company’s patented wrapped tubular stamping technology has grown to become about 90 percent of Middleville Tool’s business. In the past three years, employment has grown from 130 to 265 associates.

With the capital infusion, “Middleville Tool & Die plans to expand the tubular-stamping arm of its business, which manufactures exhaust and other tubular components for the automotive industry, as well as supplies the office furniture industry,” the article continues.

For more details, read the full article here

SafanDarley Expands Distribution Network in North America

Friday, January 20, 2017
 

SafanDarley, provider of press brakes and shears, has appointed Modern Machinery as distributor for the state of Michigan, excluding the state’s Upper Peninsula, which is covered by Gladwin Wisconsin. Modern Machinery already serves SafanDarley customers in Indiana, Ohio and Kentucky.

For more, visit www.safandarley.com.

Transfer System Headed to Denso in the UK

Thursday, January 19, 2017
 
Denso Marston Ltd., West Yorkshire, UK, a manufacturer of radiators, oil coolers, fuel coolers, charge air coolers and condensers, announced plans to install a new transfer system from AP&T onto a new mechanical press. The firm is online here; learn more about AP&T transfer systems here.

 

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