CRANSTON, R.I.—Mearthane Products Corp., a developer and manufacturer of customized polyurethane components, completed the acquisition of Elmco Tool Inc., a provider of precision computer numerical control and machining services based in Bristol, R.I.
Elmco operates as a key supplier of mission-critical components in defense applications, which builds on MPC's track record in those markets, said Pete Kaczmarek, president and CEO of MPC in a statement. The company's joint capabilities will bring a broader range of solutions for customers while positioning the company for diversification.
"For example, Elmco's rapid and sophisticated tool design and machining capability will allow MPC to address our customers' needs quickly and flexibly, especially during prototyping and early stage production," he said.
MPC will continue Elmco's operations at its Bristol facility and will integrate key administrative and functional roles to improve operations at both facilities.