MAUS ANNOUNCES NORTH AMERICAN JOINT VENTURE

MAUS Srl has established a joint venture with Palmer Manufacturing & Supply, Inc. to consolidate and expand Maus brand and sales network in North America.

Palmer Manufacturing & Supply, Inc. is a USA producer of no-bake foundry equipment with a well-recognized presence in the foundry industry.

The parties have agreed  to enter in a joint venture agreement with the intention of establishing a cooperation under USA law which is 70% owned by Maus and 30% owned by Palmer.

The joint venture will be named “Palmer Maus North America Corp.” and will manufacture, launch and operate both Maus products lines : Automatic Grinding and Vertical Turning and Service.

The joint venture will begin operations starting April 1, 2015. The grand opening of the new plant in Springfield (OH) will be celebrated on April 21-23, during the AFS Show.

Roberto Sammartin, Managing Director and part of the board of Maus, commented :

“North America is a key market for Maus where we have focused and have invested successfully along the years. The 60 equipments installed at key accounts are the evidence. This joint venture will allow Maus to pursue its strategy by having a local presence in all its strategic markets and to focus further on the development of its sales and service presence in the region. Our primary target is to support our clients with a top quality service and a spare parts management.

Besides the product offering, our differentiating factor compared to the competition is to guarantee 24/7 services and a complete process engineering: from casting to finished parts.

This agreement reflects our strong belief that our brand has significant growth potential in North America”.

Jack Palmer, President of Palmer Manufacturing & Supply said, “Palmer is pleased and honoured to be selected by Maus for this joint venture. We will bring the know-how on the supply chain, market and a comprehensive sales network. Additionally, we will be responsible for stocking spare parts and service.”  

About Maus

Maus Srl is an Italian company founded in 1986 with headquarters in Campodarsego, Italy. Over the years the company has established itself as a leading-edge technology supplier in both automatic grinding and vertical turning for various fields of application: foundry, automotive, off-highway, railway, aerospace, energy and power transmission.

About Palmer

Palmer Manufacturing & Supply, Inc. specializes in the production of heavy-duty No-Bake foundry equipment including sand mixers, molding systems, core room equipment, sand reclamation, mold handlers and complete foundry systems and engineering services.                                                                                                                                           More info www.palmermfg.com

 

 

 

http://www.bizjournals.com/dayton/news/2015/04/07/clark-county-manufacturer-inks-deal-with-italian.html