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STANDEX ESTABLISHES STRATEGIC PRESENCE IN SOUTH AFRICA WITH MOLD TEXTURIZING ACQUISITION
January 04, 2011
Standex International Corporation(NYSE:SXI) today announced that it has acquired the assets and intellectual property of privately-held S.A. Chemical Etching located near Durban, South Africa. A leading producer of mold textures in the region, the business will operate under the name Standex Engraving South Africa as part of the Standex Engraving Group. This acquisition further broadens Standex Engraving's international presence and ability to service global automotive OEM customers in key emerging growth markets. S.A. Chemical Etching recently reported trailing 12-month revenue of approximately $300,000, and is expected to be accretive to earnings on a GAAP basis in the first quarter of combined operations due to Ford program work already awarded to Standex Engraving. Terms of the acquisition were not disclosed.1
"Standex Engraving South Africa will be the only international mold texturizing company in South Africa, and a significant number of our customers are already operating there," said Phil Whisman, President of Standex Engraving. "This market is highly strategic to our customers and they are making significant investments in their South African operations. From our new location near Durban, Standex Engraving South Africa will support American, European and Japanese automotive OEM customers currently operating in South Africa, such as Ford, General Motors, BMW, Mercedes Benz, Volkswagen, Toyota and Nissan. These partners are serving the local South African automotive market as well as using the region to export to other countries in Africa and to the Middle East."
-Full Press Release
STANDEX ESTABLISHES STRATEGIC PRESENCE IN INDIA WITH TEXTURIZING ACQUISITION
August 17, 2010
Standex International Corporation (NYSE:SXI) today announced that it has purchased the assets and intellectual property of privately-held Melco Engraving India Private Limited (MEIPL), a leading producer of mold textures, engraved rolls and plates in India. The acquisition will expand Standex’s international capability, strengthen the Company’s ability to service its global customers and present future growth opportunities for additional Standex products. The new business unit, Standex Engraving India Private Limited, will be categorized under Standex’s Engraving Group.
-Full Press Release (pdf)
MOLD-TECH EXHIBITS AT EUROMOLD 2009
December 2-5, 2009
Visit Mold-Tech at Euromold 2009, the World Fair for Moldmaking and Tooling, Design and Application Development in Frankfurt / Main, Germany. Learn about our NEW "METAMORPHOSIS" Technology for Nickel Shell Tooling.
-Conference details available at http://www.euromold.com/
PROACTIVE CHANGES TO MOLD-TECH MICHIGAN PLANT SERVICES:
January 27, 2009
As of January 27, 2009 all texturing operations previously conducted at Mold-Tech MI will now be conducted at the Mold-Tech facility in Canada.
Mold-Tech MI will be continue to be operational with Tribocoat, Model-Tech, Sales and Program Management, Pattern Development Studio, and Engineering functions.
-Full Press Release (pdf)
MOLD-TECH PRESENTS AT THE SPE AUTOMOTIVE COMPOSITES CONFERENCE & EXHIBITION (ACCE):
September 18, 2008
Phil Maniscalchi of Mold-Tech will present his "Best Paper Award" winning presentation entitled "An In-Depth Study of Texture Characteristics and
Their Affects on Texture Performance" at the upcoming SPE Automotive Composites Conference & Exhibition (ACCE) conference in Troy, Michigan. Presentation
begins at 10:30 A.M. in Amphitheater 102.
-Conference details available at http://www.speautomotive.com/comp.htm.
MOLD-TECH'S EARLY INVOLVEMENT WITH CHRYSLER AUTOMOTIVE INTERIORS PAYS OFF:
January 31, 2008
Ralph Gilles, V.P. Design, Jeep and Truck at Chrysler is interviewed on John McElroy's show Autoline Detroit, episode #1205 titled "Sliding South" regarding
Interior Design. In it, he notes how involving suppliers like Mold-Tech at an early stage of design can dramatically improve the quality of the final product.
2008 NORTH AMERICAN INTERNATIONAL AUTO SHOW:
January 19-27, 2008
The 2008 Motor Trend Car of the Year The Cadillac CTS and the 2008 Motor Trend North American Car of the Year Chevrolet’s
Malibu are two of the vehicles textured by Mold-Tech that received top honors in this year's event.
-North American International Auto Show: http://www.naias.com/
MOLD-TECH EXHIBITS AT 2007 SPE THERMOFORM CONFERENCE:
September 16-19, 2007
Duke Energy Convention Center, Millennium Hotel, Cincinnati, Ohio, USA
MOLD-TECH LAUNCHES NEW WEBSITE:
October 20, 2006
Mold-Tech launches the latest edition of its website. This updated website is intended to provide valuable information to existing clients and
potential clients with a focus on the various texturing services provided. Designed by WebPlanet.ca, this site will be maintained by Mold-Tech personnel on a regular basis to ensure the content is topical and informative.
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