MW Industries, a provider of precision components, announced the acquisition of Duer Carolina Coil, Inc. — a manufacturer of hot and cold wound springs.
The newly combined company will serve highly engineered spring and metal components to a diverse global customer base.
The acquisition of Duer Carolina Coil closed on March 26, 2021, increasing MW Industries’ existing portfolio of businesses offering engineered spring solutions for the automotive, heavy truck, defense, valve, and agricultural markets.
The combined company will offer expanded hot and cold wound spring manufacturing capabilities and serve customers in more than 75 countries.
“We are excited to welcome our new Duer Carolina Coil colleagues to MW Industries,” said Simon Newman, CEO of MW Industries. “During a period when businesses are under greater pressure to produce quality products quickly and at affordable costs, we offer expansive U.S.-based manufacturing capabilities and in-house expertise that can provide the components our customers need, when they need them,”
Duer Carolina Coil will join MW Industries’ existing family of companies, which includes over 30 locations worldwide. The combined companies will leverage existing technology and expertise to expand MW Industries’ footprint and position the company to deliver the highest-quality precision components to an even broader range of customers worldwide.
“We are thrilled to be able to provide even greater capacity with the addition of Duer Carolina Coil to the MW Industries portfolio,” added Newman.
Tell Us What You Think!