10.09.14
Dynacast International Inc. has acquired Kinetics Climax Inc., which will become a wholly owned subsidiary of Dynacast.
Kinetics is based in Wilsonville, Ore.
Terms of the deal were not disclosed.
“This acquisition establishes Dynacast not only as a premier precision component manufacturer globally, but also as a front-runner in the growing metal injection molding market,” said Simon Newman, Dynacast’s CEO.
Kinetics specializes in metal injection molding (MIM). Kinetics’ experience in complementary markets, including the medical and automotive industries, aligns with Dynacast’s expertise and the acquisition is “expected to be a mutually beneficial relationship for both companies and their customers,” Newman added.
Dynacast’s in-house tooling expertise and design innovation will enhance Kinetics’ MIM manufacturing processes, officials said. In turn, by leveraging Kinetics’ technology and MIM experience, Dynacast will be able to accelerate the development of its own existing MIM operations.
Charlotte, N.C.-based Dynacast International manufactures small, engineered metal components. The company uses proprietary die cast and metal injection molding technologies, and serves the automotive, consumer electronics, healthcare, hardware, computers and peripherals and many other industries.
Dynacast operates 22 manufacturing facilities in 16 countries worldwide.
Kinetics is based in Wilsonville, Ore.
Terms of the deal were not disclosed.
“This acquisition establishes Dynacast not only as a premier precision component manufacturer globally, but also as a front-runner in the growing metal injection molding market,” said Simon Newman, Dynacast’s CEO.
Kinetics specializes in metal injection molding (MIM). Kinetics’ experience in complementary markets, including the medical and automotive industries, aligns with Dynacast’s expertise and the acquisition is “expected to be a mutually beneficial relationship for both companies and their customers,” Newman added.
Dynacast’s in-house tooling expertise and design innovation will enhance Kinetics’ MIM manufacturing processes, officials said. In turn, by leveraging Kinetics’ technology and MIM experience, Dynacast will be able to accelerate the development of its own existing MIM operations.
Charlotte, N.C.-based Dynacast International manufactures small, engineered metal components. The company uses proprietary die cast and metal injection molding technologies, and serves the automotive, consumer electronics, healthcare, hardware, computers and peripherals and many other industries.
Dynacast operates 22 manufacturing facilities in 16 countries worldwide.