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Metalforming Industry Movers & Shakers

Tuesday, February 21, 2017
 

Vero Software, a designer, developer and supplier of CAD/CAM/CAE software, has hired Jeff Nesbitt as sales manager for Canada. Based in Windsor, Ontario, Nesbitt is charged with managing Canadian distributors and direct sales of Vero product lines, as well as with increasing overall brand recognition throughout the country.

For more on Vero Software, visit www.verosoftware.com.

Service Centers Safer, Survey Shows

Monday, February 20, 2017
 

The 2016 Metals Service Center Institute (MSCI) Safety Survey shows a positive trend for safety in the industry, according to 2015 data just released. Incidents have decreased drastically over time, reports the survey, from 10/man-hour on average across the industry in 2002 to five and below now. MSCI stressed its intention to help continue that trend.

“Lean metals companies face unique challenges and often don’t have a safety professional to push for continuous improvement in the area of safety,” says Robert Weidner III, MSCI president and CEO “MSCI has partnered with the National Safety Council (NSC) to provide MSCI members of all sizes access to safety professional training, critical benchmarking and best practices tools.”

MSCI and the NSC unveiled the MSCI Safety Excellence program this past October, extending MSCI’s safety resources to include surveys, benchmarks, information and additional training access. And, the association recently has launched its Safety Excellence Award, which recognizes MSCI member companies that have shown a recognized commitment to excellence in safety. The program is designed to be especially helpful to lean organizations that might benefit from additional accountability as they strive for a zero-incident environment, according to MSCI officials.

To learn more about the program requirements and to gain access to MSCI’s safety resources, visit www.MSCI.org/safetyprogram.


Esab Purchases Orbital-Welding Supplier AMI

Friday, February 17, 2017
 

Los Angeles-based Arc Machines, Inc. (AMI), a company in the portfolio of Marwit Capital, has been sold to Esab Welding & Cutting Products, reports Livingstone, a mergers and acquisition advising firm to AMI.

AMI designs, engineers, and manufactures automated, orbital gas-tungsten-arc-welding equipment and associated aftermarket components. Esab, a provider of welding and cutting equipment and systems as well as related products and services, acquired AMI to add complementary technology as well as AMI’s strong global brand, according to Livingstone officials. 

AMI marked the 70th transaction Livingstone closed globally in 2016 and 23rd in the Industrial sector, one of the core M&A sectors of the firm.

 

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