Wieland has acquired Concast Metal Products Co. and Randall Bearings Inc., thereby further strengthening the Germany-based company’s presence in North America’s premium copper and copper alloy market segments. The transactions closed Jan. 12.
RELATED: A compact carbon footprint
Concast, headquartered in Wakeman, Ohio, has more than 130 years of history and a strong reputation for customer service and manufacturing capabilities, providing a broad product and service portfolio to its customers, Wieland says. The company’s casting operations are in Mars, Pennsylvania, and Birmingham, Ohio, and it serves various sectors, including general industry, industrial machinery, transportation, plumbing, aerospace, oil and gas, hydraulic and power transmission and control.
Concast manufactures specialty continuous-cast copper alloys, focusing on standard-stocked copper alloys in bars, rods, tubes and rectangles, as well as custom alloys, produced using horizontal and vertical continuous-casting technology. Since 1993, Concast has provided lead-free replacement alloys.
Randall Bearings, with locations in Lima, Ohio, and Coldwater, Ohio, offers high-end machined bronze and brass parts, catering to industries such as agriculture, construction, fluid power, oil and gas, heavy equipment, defense and transportation.
“With the acquisition of Concast and Randall Bearings, we further expand Wieland’s manufacturing and service capabilities in North America," Wieland Group CEO Erwin Mayr says. "We are very much looking forward to welcoming an experienced workforce and strong leadership team to the Wieland Group.”
Latest from Recycling Today
- APR upgrades PCR certification program
- WM completes $40M automation project at Philadelphia MRF
- Speira commissions new furnace in Germany
- ABB report portrays paper sector circularity, emissions reduction
- RMDAS and Davis Index numbers portray stalled ferrous market
- Attero adds NGO veteran to its board
- AMCS launches the AMCS Platform Winter 2024
- Cirba Solutions celebrates construction milestone at Ohio plant