Trans Machine Technologies Acquires Wright Metal Products
The acquisition makes Trans Machine Technologies into a vertically integrated supplier of subtractive and additive manufacturing.
Trans Machine Technologies (TMT), a supplier of parts for the railroad, mining, automotive and other industries based in Winston-Salem, North Carolina, has acquired the assets of Wright Metal Products (WMP), creating a vertically integrated manufacturing program for both subtractive and additive manufacturing. TMT CEO Barry Leonard closed the deal at the beginning of November, assuming the assets of WMP, including its 30,000-square-foot facility in Greenville, South Carolina.
WMP, ISO 9001:2015-certified, specializes in re-engineering services, precision machining, metal fabrication and steel packaging. These services will be combined with TMT’s precision CNC machining, casting, forging and metal additive manufacturing capabilities. The new location will be known as Trans Machine Technologies – South Carolina.
“We can be competitive in the United States; we just have to be smart about it,” says Mr. Leonard. “This fully integrated approach enables us to bring manufacturing back home. Not only are we gaining new customers, we are strengthening relationships with our current customers.”
TMT will maintain warehousing and operations in Winston-Salem along with its additive manufacturing solutions branded under Trans Machine Additive. Casting, forging and machining solutions will continue to be delivered via an international supply chain. The Greenville location will provide re-engineering, machining, turning and fully automated CMM inspection services.