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ATW, owner of Parmatech Corp, acquires the metal injection moulding (MIM) business of Morgan Advanced Ceramics
29th Sep, 2009
ATW Companies Inc. a leading US manufacturer of metal components and services has announced that Parmatech-Proform Corporation (Proform), has acquired the metal injection moulding (MIM) business of Morgan Advanced Ceramics, based in New Bedford, Massachusetts, USA.
Proform is a wholly-owned subsidiary of ATW Companies of Warwick, Rhode Island. The acquisition will expand the MIM technology currently offered by Parmatech Corporation, an ATW Company based in Petaluma, CA.
The newly acquired business specialises in providing solutions to meet application challenges through its own proprietary MIM process. Its products are used in the medical, telecommunications, aerospace, electrical and power, semiconductor and laser markets.
According to Peter C. Frost, president of ATW Companies, 'We anticipate the combination of our businesses will prove beneficial by empowering us to serve our customers better.' Proform will enhance Parmatech Corporation's current MIM business, expanding its MIM capabilities to the East Coast, as well as expanding production capabilities and improving product quality by leveraging ATW's expertise in precision metal components.
Frost added, 'This change in ownership will strengthen our relationships with customers and enhance the high level of service we provide.'
ATW Companies is the parent company of A. T. Wall Company, located in Warwick, RI, Judson A. Smith Company, located in Boyertown, PA, and Parmatech Corporation, located in Petaluma, CA.
Parmatech Corporation is a leading provider of metal injection molding (MIM) components and services. The company is the recipient of seven Grand Prize Awards, seven Awards of Distinction and two Awards of Achievement, a total of sixteen awards from the Metal Powder Industry Federation (MPIF).
For more information on Parmatech Corporation, visit www.parmatech.com
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