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Jul 07, 2023Wieland acquires Heyco Metals and National Bronze Manufacturing
Jul 02, 2023January 9, 2023 by Mark Allinson Leave a Comment
With the acquisition of Hummock Industries, Wieland has acquired Heyco Metals, a leader in light and medium gauge copper, copper alloy, and stainless steel strip processing, and National Bronze, a manufacturer and distributor of bronze-based bearing products.
Hummock Industries is a family-owned holding company focused on long-term investments in North American-based manufacturing companies.
These complementary operations will further strengthen Wieland's market position with expanded product offerings, manufacturing capabilities, and distribution networks in North America.
Heyco Metals, founded in 1969, operates a re-roll mill in Reading, Pennsylvania, and delivers premium quality products to customers in the automotive, electronics, industrial, and medical markets.
Founded in 1911 and headquartered in Roseville, Michigan, National Bronze is a well-known US manufacturer and distributor of bronze bushings, bearings and other industrial components for customers in a large range of industries. In addition, they operate a metal service center with bar stock of various non-ferrous materials.
Dr Erwin Mayr, CEO of Wieland, says: "Like Wieland, Heyco Metals and National Bronze are recognized for exceptional quality and service. Our ambitious growth plans include the continued diversification of product categories and manufacturing capabilities, allowing Wieland to support the growing and challenging needs of our customers today and, more importantly, well into the future.
"This acquisition also reaffirms Wieland's commitment to continued investment and growth in North America."
The transaction officially closed on December 30, 2022.
Filed Under: News Tagged With: acquisition, america, bronze, capabilities, continued, copper, customers, distributor, founded, growth, heyco, hummock, industrial, industries, manufacturer, manufacturing, metals, national, north, product, products, quality, service, wieland
With the acquisition of Hummock Industries, Wieland has acquired Heyco Metals, a leader in light and medium gauge copper, copper alloy, and stainless steel strip processing, and National Bronze, a manufacturer and distributor of bronze-based bearing products.