Some pairs just make sense: peanut butter and jelly, cheese and wine, Castle Metals and Banner Industries. Last week, Ryan McComb, a Managing Director on our Transaction Team, sat down with Michael Schoeck from PE Hub to discuss our transformative Castle/Banner continuation vehicle and the add-on opportunities ahead. "MiddleGround had been chasing Castle for years and decided to pivot from selling Banner to acquiring Castle and merging the business together to recognize the significant synergies the companies presented," said Ryan. Since acquiring Banner, we've made impactful add-ons with Supra Alloys, Edge International, and NKS, broadening our capabilities in aerospace and defense with high-grade titanium and medical-grade cobalt chrome. Our current focus is identifying add-ons that enhance our #manufacturing capabilities, provide entry into new markets, and increase our value proposition. With 1,500 employees across 40 facilities globally, the Castle/Banner platform aims to be a one-stop shop for metal fabrication needs - serving everyone from smaller contract manufacturers to major OEMs like Airbus and Boeing. Read the full interview here: https://bit.ly/3XsNQEn #privateequity
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At Stahl, durability never goes out of style. In 2006, the Challenger ST was built to handle the toughest jobs. Fast forward to 2024, and the same rugged reliability still defines our Challenger ST—now enhanced with the latest innovations. As we continue to evolve, one thing remains constant: Stahl truck bodies are built to last and perform in the most demanding environments. What do you think is the most important feature that showcases the strength of a Stahl truck body?
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In the heart of St. Louis, Missouri, a story of industrial resilience and innovation unfolds at Trinity Products. This Business View Publishing highlights the company's journey to becoming a titan in the steel industry, overcoming the challenges of market volatility and operational complexities to emerge as a leader in supply chain dominance. Founded in 1979, Trinity Products began as a steel broker, evolving into a manufacturing powerhouse known for its spiralweld pipe, beams, and structural steel. The company's commitment to quality and service, coupled with a strategic employee stock ownership plan (#ESOP), has propelled it to new heights of success and employee engagement. As we explore Trinity Products' 44-year legacy, we witness a company that has not only weathered the storms of a competitive market but has also set a benchmark for corporate evolution. Their story is a testament to the power of focused culture, innovative strategies, and a win-win approach to business transformation. Join us in celebrating the triumphs of Trinity Products, a company that not only forges steel but also forges a path for others to follow in the relentless pursuit of excellence and growth. A big thank you to Bryan Davis for sharing his insights on how Trinity Products is successfully leveraging their ESOP for growth in 2024. Feel free to check out the full article below: https://lnkd.in/gMCWj6iK #employeeownership #esop #successionplanning #employeeowned #steel #industryleader #CEO
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Key to enabling any solid rocket motor production
Our Camden, Arkansas, logistics team is retooling its practices and upgrading its equipment to increase efficiency so our 2,000-acre solid rocket motor production site can run smoother than ever. See how these modernization efforts help ensure more than 350,000 material transactions happen on time: https://bit.ly/4bPZNIi
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Meyerhof provided solution that can solve for the bearing capacity in year 1963. This solution is applicable to shallow foundation regardless of the load inclination. The form of the Meyerhof’s equation is similar to that proposed by Terzaghi, except that several factors are introduced to take the footing shape, depth and load inclination into consideration. Via: @Yfilios Solution
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I've developed a groundbreaking limit equilibrium approach in MATLAB five 6 years ago, validated through rigorous testing against both Terzaghi and Meyerhof equations. What sets this script apart is its foundation in first principles, making it not only robust but also highly scalable for diverse applications, effortlessly accommodating unconventional scenarios. This approach demonstrates the potency of automation, now seamlessly integrated into the realm of industry #EngineeringInnovation #MATLAB #GeotechnicalEngineering #AutomationAdvancements #IndustryAutomation #FirstPrinciples #LimitEquilibrium #EngineeringExcellence #TechInnovation #GroundbreakingResearch #IndustryIntegration #TechAdvancements #EngineeringSolutions #AutomationSuccess
Meyerhof provided solution that can solve for the bearing capacity in year 1963. This solution is applicable to shallow foundation regardless of the load inclination. The form of the Meyerhof’s equation is similar to that proposed by Terzaghi, except that several factors are introduced to take the footing shape, depth and load inclination into consideration. Via: @Yfilios Solution
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Bel Fuse Inc., a manufacturer of electronic circuits, agreed to acquire a 80% stake in Enercon Technologies, a networking solutions provider to aerospace and defense markets from Fortissimo Capital, a private equity firm, for $320m. "The acquisition of Enercon will extend Bel’s Power segment into the aerospace and defense end markets, deepening our partnership with customers who support critical applications. The addition will result in 30% of Bel’s Power segment revenue and approximately 37% of consolidated Bel revenue supporting the aerospace and defense end markets. We are excited to work with the Enercon management team and Fortissimo in growing the business in the years to come," Daniel Bernstein, Bel CEO. Enercon Technologies (led by Eyal Shary) is advised by Citi and Gornitzky GNY. Bel Fuse (led by Dan Bernstein) is advised by Evercore, Needham & Company, Meitar | Law Offices, White & Case LLP and Three Part Advisors, LLC. Link to the article in the comments. #MergersAcquisitionsDivestitures #Electronic #Aerospace #Defence
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Part 3 of the History of LINDEMANN series! The period shortly before and during World War II was a traumatic time for many manufacturing companies in Germany, and LINDEMANN was no exception. The company, as originally founded by Waldemar Lindemann, no longer existed. The factory itself had been repurposed for munitions production and was closed by the Allies in early 1946. Any construction drawings belonging to LINDEMANN before the war that were found were confiscated. However, a silver lining emerged from this challenging period. Waldemar's brother, Kurt Lindemann, had retained crucial drawings at his company in Cologne. These drawings were the key to our revival. Between 1947 and 1948, we founded the “Gesellschaft zur Konstruktion Bau Hydraulischer Pressenanlage Lindemann mbH”, which was renamed Lindemann Pressenbau GmbH Köln in 1949. The resilience and innovation shown during these years laid the foundation for LINDEMANN's future success in metal recycling. Stay tuned for more of our journey! 🌟 #MetalRecycling #MetalRecyclingSolutions #RecycleForChange #RecycleResponsibly #GreenFuture #RecycleForABetterFuture #history #Machine
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GN 24 - The Race to the highest Clamping Force Welcome to our 24th Gold Nugget, where we interview Pete Sell from ItalPresseGauss about the Giant Castings. IPG just released their toggle-free 11.000-ton press, so the question is: Where is the economic limit of #Gigacasting? Peter describes it best when he says: “Don’t think of your castings as parts! Think of them as money. And how many 100-dollar bills do you want to make wrong?” Based on that quote, we explore what you need to run a profitable #foundry, independent of machine size. We also discuss the additional complexity of scaling a matchbox toy into a real car. Listen to Gold Nugget and learn about the merger of disciplines in #casting. In the comments, let us know which point was most related to your situation, and don´t forget to subscribe to your favourite platform! Best regards, Staffan and Fabian
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Giant casting news alert! 🚨 If casting bigger and better components is your focus, then check out the latest podcast from Goldcasting where they interview our very own Pete Sell about ALL the ingredients needed for profitable giant casting operations. #ItalPresseGauss #IPG
GN 24 - The Race to the highest Clamping Force Welcome to our 24th Gold Nugget, where we interview Pete Sell from ItalPresseGauss about the Giant Castings. IPG just released their toggle-free 11.000-ton press, so the question is: Where is the economic limit of #Gigacasting? Peter describes it best when he says: “Don’t think of your castings as parts! Think of them as money. And how many 100-dollar bills do you want to make wrong?” Based on that quote, we explore what you need to run a profitable #foundry, independent of machine size. We also discuss the additional complexity of scaling a matchbox toy into a real car. Listen to Gold Nugget and learn about the merger of disciplines in #casting. In the comments, let us know which point was most related to your situation, and don´t forget to subscribe to your favourite platform! Best regards, Staffan and Fabian
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President Integrated Heat Treating Solutions, LLC Consulting + Industrial Design for new products at Z-Dimension Design LLC
See the attached video from Patriot Forge asking: “What’s more satisfying than crushing large pieces of extremely hot steel?” Answer: The capture of all the BTUs of waste heat in this hot forging and using this energy for refining the part’s grains; using IHTS consultants’ Direct from the Forge Instant-Impact Gas or Water Quenching Technologies and delivering better mechanical and physical properties to the forging end users at a total lower cost of manufacture.
What’s more satisfying than crushing large pieces of extremely hot steel? Not much honestly! 🤷♀️ Come behind the scenes and check out our team crushing this 86,000lb ingot!
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Senior Contract Consultant, Interim Executive
3moCongratulations MGC team.