CCM Completes Acquisition of Mayville Products Corporation Segment

Schiller Park, IL, July 27, 2012 --(PR.com)-- Craftsman Custom Metals (CCM), a leading Chicago based custom metal fabricator announced today it has completed its acquisition of the light gauge metal business of Mayville Products Corporation of Mayville, WI
Schiller Park, IL, July 27, 2012 --(PR.com)-- Craftsman Custom Metals (CCM), a leading Chicago based custom metal fabricator announced today it has completed its acquisition of the light gauge metal business of Mayville Products Corporation of Mayville, WI.

The acquisition of Mayville Products light gauge metal business is a strategic move consistent with CCM’s ambition to further strengthen existing market segments for its highly-engineered metal fabrication, machined component, and electronic sub-assembly business.

The addition Mayville Products light gauge metal business meshes perfectly with CCM’s existing high quality capabilities and enhances their significant existing presence in the medical, telecom and aerospace/military market segments.

“To ensure a smooth transition and maintain customer loyalty, product efficiencies and integrity, it was important to acquire not only tooling but equipment specific to the manufacturing process,” said Julio Gesklin, President and CEO. “Customers will benefit from CCM’s sixty year expertise in complex custom metal fabrication and total supply chain management capabilities” added James Crook, CFO.

About CCM
CCM utilizes a lean cellular manufacturing model to manufacture highly-engineered custom metal fabrications. The company is a vertically integrated contract manufacturer (CM) providing custom precision integrated metal chassis, enclosures, components, complex high-level assemblies (HLA) and final test solutions.

Read more at www.ccm.com

Sales Contact:
Eric Siegal, VP Sales, CCM
E-mail: esiegal@ccm.com
Phone: (847) 939-3147

Company Contact:
James Crook, Chief Financial Officer, CCM
E-mail: jcrook@ccm.com
Phone: (847) 655-0040

 
Press Contact:
William Johnson
E-mail: wjohnson@ccm.com
Phone: (847) 949-3149