Sigma Electric announces that it has just completed its acquisition of Tooling Dynamics
(MENAFN- Comserve) Elkland, United State, Jan 13, 2020, 09:30 /Comerve / -- Sigma Electric, a global manufacturer of preciion engineered metal component baed in the U.S. had jut completed the acquiition of Tooling Dynamic, another American manufacturer of preciion metal tamping product.
Sigma Electric, a global manufacturer of preciion engineered metal component baed in the U.S. had jut completed the acquiition of Tooling Dynamic, another American manufacturer of preciion metal tamping product.
&nbp;The announcement by Sigma Electric to acquire Tooling Dynamic wa jut made a while ago, with Sigma, being one of the leading global manufacturer of preciion engineering metal component and electrical fitting et to expand it capacity further to benefit cutomer. Tooling Dynamic LLC, a manufacturer of preciion metal tamping product baed at York, Pennylvania ha been erving indutrie uch a automotive, electrical, military and other. Tooling Dynamic ha had everal year of experience in working on complex preciion metal component. Working with very thin gauge metal and with tight tolerance requirement, Tooling Dynamic ha alway trived to deliver quality and reliability in it ervice. Tooling Dynamic ha kept it focu toward bringing out olution for the variou challenge and complexitie involved in deign and production in the preciion component market. The acquiition i expected to open up everal notable opportunitie to work with top cla global upplier that offer a ignificant number of product offering of variou metal type.&nbp;&nbp;&nbp; &nbp;&nbp;&nbp;&nbp;
Sigma Electric' Chief Executive Officer and Preident, Viren Johi mentioned a follow, 'Tooling Dynamic' trength a a valued upplier for their connectivity and electrification-focued cutomer i a highly complementary fit with Sigma Electric, and we warmly welcome the Tooling Dynamic team. The Preident & CEO of Tooling Dynamic, Bob Updike tated that all the member of the Company are proud of the long hitory of the Company that exit from being a valued engineering olution provider for high volume, high peed, preciion, highly complex and tight-tolerance tamped component. He alo tated that the Company i looking forward to joining the Sigma family of ervice and olution and alo it next phae of growth a being a part of Sigma Electric' global offering.
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