WILMINGTON, OH - March 13, 2006 - AddisonMckee, a global leader in
the tube bending and end-forming market, recently announced its
expansion into China. The company, with current facilities in
Wilmington, Ohio, and Preston, UK, has appointed Jason Carline as Vice
President and General Manager of the new, state-of-the-art facility.
Located in Tianjin, China, manufacturing operations at this location
will commence during the second half of 2006.
Unprecedented Expertise
AddisonMckee
Ltd. Sales & Marketing Director, Peter Chapman comments, “It has
long been our intention to provide locally-manufactured, high quality
tube manipulation solutions across the Asian-Pacific industrial and
automotive sectors. Mr. Carline joins our global management team with
considerable capital machinery expertise within the tube industry and a
wealth of local market knowledge achieved through ten years of sales
experience in Asia. Besides his ability to speak fluent Mandarin,
Jason offers an enviable range of skills and qualities required to make
AddisonMckee-Tainjin (AMT) an outstanding success.”
Establishing Foothold
Now
reaching virtually every country in the world with its range of
industry- leading tube manipulation and end-forming technologies,
AddisonMckee considers the move into China vital in establishing a
secure foothold in the Asian marketplace. “With highly trained staff on
the ground in China manufacturing the industry’s leading technologies
developed both in the UK and USA,” added Peter Chapman, “we will be
better positioned than ever before to capture local Asian market share
while reducing costs to maintain a competitive advantage.”
USA Expansion
The
expansion plan for China follows AddisonMckee’s recent announcement of
construction on a brand new 78,000 square foot facility in Lebanon,
Ohio - a move designed to provide 66% more manufacturing space than
current, with an additional 85,000 square feet for future expansion.
This facility will primarily serve the North American automotive market
with benders, end-formers and tooling, and the additional space is
required for the introduction of new products, an automation group, and
future business acquisitions related to other non-automotive markets.
Artist Rendering Of AddisonMckee’s New Facility In Lebanon Ohio, USA
The
Company’s expansion in both the USA and China is a result of
AddisonMckee’s success in achieving Customer Satisfaction on a global
basis.
Wide-ranging capability
Offering
a wide range of sophisticated models, as well as the new Powerbend
machines for those customers with more basic tube bending requirements,
AddisonMckee is capable of manufacturing CNC tube benders, end-formers
and tooling for virtually any application and is equipped with the very
latest computer-aided manufacturing techniques.
AddisonMckee is principally owned by WHI Capital Partners (WHICP), a
Chicago-based private equity group that invests in middle market,
industry-leading companies with solid financial fundamentals and proven
management teams. WHICP is an affiliate of William Harris Investors,
Inc., a family-based asset management firm founded by Irving B. Harris
in 1987.
For more information on AddisonMckee, please visit www.addisonmckee.com, or contact:
Dave McClew Peter Chapman
Vice President, Sales & Marketing Sales & Marketing Director
AddisonMckee, Inc. AddisonMckee, Ltd.
2695 S.R. 73 South 188 Bradkirk Place
Wilmington, Ohio 45177 Walton Summit, Bamber Bridge
USA Preston, England PR5 8AJ
Tel: 937-382-4490 Tel: 011 44 1772 334511
Fax: 937-382-4963 Fax: 011 44 1772 323227