Advanced Global Technologies Acquires MD Casting
Advanced Global Technologies, LLC (AGT) acquired the assets of Fort Worth, Texas-based MD Casting Inc. (MDC) from Atrium Companies Inc. in a transaction on December 31, 2006. MDC specializes in the manufacture of zinc die casting, metal stamping and injection-molded components for use in the door and window industrial markets.
"We are very excited about this acquisition," said Rick Lipski, president and chief executive officer of AGT. "This enables us to blend AGT's off shore manufacturing expertise with MDC's domestic manufacturing expertise which in turn will mean greater value for our customer base. In addition, MDC will support AGT's off shore supply with domestic manufacturing and warehousing to assure our customers a continuous uninterrupted supply of product. This acquisition also expands our existing product offerings to include patio hardware, rollers, casement hardware and specialty components."
AGT, with offices in Mount Laurel, N.J., and Shanghai, China, provides global sourcing and procurement services to domestic manufacturers. AGT's core products include aluminum/vinyl extrusion, screen cloth, die cast, forged, injection molded and stamped components to the fenestration and industrial markets.
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