News Release
June
30, 1999
Metal
Improvement Company Acquires Fort Wayne Heat-Treating
Facility
PARAMUS,
N.J. -The Metal Improvement Company, a wholly owned
subsidiary of the Curtiss-Wright Corporation, announced
today that it has acquired Metallurgical Processing,
Inc. (MPI), a major Midwest supplier of commercial heat-treating
services primarily to the automotive and industrial
markets. MPI has annual sales of several million dollars
and services a broad spectrum of customers from its
Fort Wayne, Indiana location. MPI provides a number
of metal-treating processes including carburizing, hardening,
and carbo-nitriding.
The
purchase of MPI supports the Company's strategy of expanding
the heat-treating segment of its business through acquisition.
It adds an established market presence in an attractive
industrial area.
Metal
Improvement Company, headquartered in Paramus, NJ, is
a recognized worldwide leader in providing outsourced
shot-peening, shot-peen forming and heat treating. These
metal treatment services are provided to the aerospace,
defense, automotive, petrochemical, agricultural equipment,
power generation, medical and metalworking industries.
Operations are conducted through a network of thirty-seven
service facilities located in North America and Europe.
More information on Metal Improvement Company can be
found on the internet at www.metalimprovement.com.
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