MW Industries Announces the Acquisition of Tri-Star Industries
Chicago, Ill., July 13, 2017 (Newswire.com) - MW Industries, a leading provider of highly engineered springs, specialty fasteners, machined parts, and other precision components, announced today the acquisition of Tri-Star Industries, an industry-leading manufacturer of precision threaded inserts for plastics.
Located in Berlin, Connecticut, Tri-Star was established in 1991. The company manufactures a complete line of standard and custom-designed threaded inserts and compression limiters in brass, steel, aluminum and stainless steel for plastic applications. Tri-Star also produces high-volume screw machine products and CNC Swiss precision turned components. The company has machining capabilities to produce metal parts with complex designs, tight tolerances, unique features and high- quality surface finishes.
"The Tri-Star brand has an excellent reputation for quality, customer service, engineering expertise and on-time delivery. By joining the 20 brands that make up the MW Industries family of companies, Tri-Star will be able to offer customers a broader market basket of products, both now and in the future," explains John Bagnuolo, Chief Executive Officer, MW Industries.
MW has completed a number of acquisitions to strengthen its product offerings and customer base and is currently evaluating a strong pipeline of possible transactions.
About MW Industries
MW Industries, Inc., headquartered in Rosemont, Illinois, is a leading provider of highly engineered springs, specialty fasteners, machined parts and other precision components to more than 23,000 customers in 35-plus countries. Its more than 40,000 products are sold through a combination of direct sales, catalogs and distributors to original equipment manufacturers and aftermarket customers in aerospace, medical, electronics, energy, agriculture/construction and other sectors. For more information, please visit www.mw-ind.com.
Contact: Darlene Kober
Senior Vice President, Marketing & Sales
+1 (847) 349-5767
Source: MW Industries