ARTICLE
• Texmo Precision Castings is acquiring a majority share in Feinguss Blank. After the takeover, the company will rebrand to Texmo Blank. • Texmo Blank will be the only investment castings specialist capable of manufacturing in the USA, Europe and Asia, offering international expertise and giving clients a global advantage. • Combined expertise of Texmo Precision Castings and Feinguss Blank means Texmo Blank will innovate within the industry; utilising progressive technologies to set the benchmark for quality and sustainability. • Texmo Blank brings premium investment casting expertise and quality to a larger customer base. • New combined offering will include vacuum casting, turbo charging technology, mechanical engineering and assembly. • New website lauched texmoblank.com In what is expected to be a boost to innovation within the investment castings industry, Texmo Precision Castings has today announced that it is to acquire a majority share of German company Feinguss Blank. Following the acquisition, the company will trade as Texmo Blank: the only investment castings specialist capable of manufacturing in the USA, Europe and Asia. Texmo Blank combines the history and manufacturing excellence of Feinguss Blank, with Texmo Precision Castings' like-minded focus on quality precision casting, as well as its customer base and infrastructure. The company will employ a skilled workforce of more than 1,750, and utilise 1,000,000 sq. ft. of manufacturing space across three continents. The participation will lead to synergy effects and growth. The specialisations of the individual companies in the automotive, industrial solutions, medical technology and aerospace sectors united under the Texmo Blank umbrella will make it possible to serve an expanded customer segment. The Texmo Blank Group can draw on expertise and innovations from more than 130 years of combined experience. Customers will optimally benefit from Texmo Blank because the group will continuously invest in its processes and thus ensure cost efficiency. Both companies have reputations as family-run firms with a focus on quality over all else. The collaboration between firms will see the standard of casting synonymous with both Feinguss Blank and Texmo Precision Castings preserved, as well as greater sustainability for Texmo Blank as a whole. The Blank family will continue to hold a minority share in Texmo Blank Germany. Arjunan Ramachandran, Managing Director Texmo Precision Castings, said: "It gives me great pleasure to be able to announce our new collective identity as Texmo Blank. The opportunity to join forces with a firm as respected as Feinguss Blank is an exciting one for everybody involved, and innovation will lead the way as we grow together. "Few companies can match the combined knowledge of Texmo Precision Castings and Feinguss Blank when it comes to quality and service in investment casting. By combining expertise, experience and passion, Texmo Blank will operate on a global scale and provide a wider range of products and services to a broader customer base. Our growth and resources will also enable us to continue to support our customers with world-class delivery times, a superior service offering and cost efficiencies." For more information, and to arrange interviews, please contact: press@texmocastings.com Visit texmoblank.com
• Texmo Precision Castings is acquiring a majority share in Feinguss Blank. After the takeover, the company will rebrand to Texmo Blank.
• Texmo Blank will be the only investment castings specialist capable of manufacturing in the USA, Europe and Asia, offering international expertise and giving clients a global advantage.
• Combined expertise of Texmo Precision Castings and Feinguss Blank means Texmo Blank will innovate within the industry; utilising progressive technologies to set the benchmark for quality and sustainability.
• Texmo Blank brings premium investment casting expertise and quality to a larger customer base.
• New combined offering will include vacuum casting, turbo charging technology, mechanical engineering and assembly.
• New website lauched texmoblank.com
In what is expected to be a boost to innovation within the investment castings industry, Texmo Precision Castings has today announced that it is to acquire a majority share of German company Feinguss Blank.
Following the acquisition, the company will trade as Texmo Blank: the only investment castings specialist capable of manufacturing in the USA, Europe and Asia. Texmo Blank combines the history and manufacturing excellence of Feinguss Blank, with Texmo Precision Castings' like-minded focus on quality precision casting, as well as its customer base and infrastructure. The company will employ a skilled workforce of more than 1,750, and utilise 1,000,000 sq. ft. of manufacturing space across three continents.
The participation will lead to synergy effects and growth. The specialisations of the individual companies in the automotive, industrial solutions, medical technology and aerospace sectors united under the Texmo Blank umbrella will make it possible to serve an expanded customer segment. The Texmo Blank Group can draw on expertise and innovations from more than 130 years of combined experience. Customers will optimally benefit from Texmo Blank because the group will continuously invest in its processes and thus ensure cost efficiency.
Both companies have reputations as family-run firms with a focus on quality over all else. The collaboration between firms will see the standard of casting synonymous with both Feinguss Blank and Texmo Precision Castings preserved, as well as greater sustainability for Texmo Blank as a whole. The Blank family will continue to hold a minority share in Texmo Blank Germany.
Arjunan Ramachandran, Managing Director Texmo Precision Castings, said: "It gives me great pleasure to be able to announce our new collective identity as Texmo Blank. The opportunity to join forces with a firm as respected as Feinguss Blank is an exciting one for everybody involved, and innovation will lead the way as we grow together.
"Few companies can match the combined knowledge of Texmo Precision Castings and Feinguss Blank when it comes to quality and service in investment casting. By combining expertise, experience and passion, Texmo Blank will operate on a global scale and provide a wider range of products and services to a broader customer base. Our growth and resources will also enable us to continue to support our customers with world-class delivery times, a superior service offering and cost efficiencies."
For more information, and to arrange interviews, please contact: press@texmocastings.com
Visit texmoblank.com