HK Metalcraft Acquires BEC Manufacturing

 

For our official PDF of this letter, please click here.

HK Metalcraft diversifies product capabilities and customer base with acquisition of certain assets of BEC Manufacturing

Lodi, NJ, March 28, 2012 – HK Metalcraft Manufacturing Corporation is pleased to announce the acquisition of certain assets of BEC Manufacturing Corporation.  HK Metalcraft has acquired, among other products, BEC’s gasket and lock line, electrical tubing line, and several military-related products.  BEC’s expertise in assemblies and secondary operations will allow HK Metalcraft to provide more value-added services to customers. HK Metalcraft will continue to supply BEC’s former customers.

“The acquisition of these BEC assets allows us to effectively move forward with our plans of expanding our customer base while also increasing services offered to existing clients.” said Raymond Hopp, owner and CEO of HK Metalcraft

This acquisition will bring about the following changes:

  • BEC’s assets related to the acquisition will be moved to HK Metalcraft’s facility in Lodi, NJ.
  • Bart Sciaino, former owner and CEO of BEC Manufacturing, will consult for HK Metalcraft to help foster a smooth transition.
  • BEC’s phone and fax numbers will redirect to HK Metalcraft’s phone and fax numbers.
  • BEC’s key manufacturing employees will join the HK Metalcraft workforce.

About BEC Manufacturing
BEC Manufacturing Corporation, an ISO certified manufacturer, was established in 1966 by Bart Sciaino.  It grew from a small tool and die shop to a full service corporation providing stamping, machining, and turning.  The industries served are military, medical, automotive, and electronics.

About HK Metalcraft Manufacturing Corporation
HK Metalcraft Manufacturing Corporation, a family company founded in 1926, is an ISO and TS approved manufacturer of precision metal stampings.  The company specializes in spring washers (Belleville, wave and cylindrical), folded metal gaskets (crush washers), shallow drawn parts, cup washers, custom metal stampings and assemblies.  HK Metalcraft is financially strong and debt-free. HK Metalcraft is a trusted source for high quality metal stamped parts.

Additional information will be available on this website. We are currently adding the details regarding the assets of this acquistion.

SOURCE: HK Metalcraft Manufacturing Corporation