The merged entity will retain the Keystone Powdered Metal Company name, the companies say.
“The synergies of the two companies led us to the decision to pursue the merger,” said KPMC president Michael Stauffer. Today's KPMC product mix leans heavily toward large-tonnage highly engineered transmission components, while ESC is more focused on high-precision engine components. We believe our customers will derive significant value from this merger."
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