“The addition of DMP to our IMPAKT branded companies brings added value to our high-quality fabrication services, from precision component manufacturing to full system assembly and integration which enables us to retain competitive cost structures.”
SANTA CLARA, Calif (PRWEB) March 03, 2017
IMPAKT Holdings, LLC (Formally A-1 Machine Manufacturing), a global vertical integrated contract manufacturer, completed the purchase of DeVincenzi Metal Products, a high-quality fabrication and integration manufacturer, located in Burlingame, CA. The business will now operate as DMP, an IMPAKT Holdings company.
DeVincenzi Metal Products, with over 38+ years of experience and a strong reputation for integrity, quality, and service, expands IMPAKT's global customer base and capacities to further strengthen its position as a world-class contract manufacturer. IMPAKT's management intends to build upon the great history of DMP, while maintaining the core values that have sustained the company for almost four decades. “IMPAKT was the right buyer for the business because they are committed to investing in the business, integrating us into their vertical model, thus diversifying their customer base,” added Robert DeVincenzi, founder DeVincenzi Metal Products.
“This acquisition builds on our mission to be a specialty global vertically integrated contract manufacturer offering customers flexible and configurable solutions that match their business requirements,” said Dan Rubin, CEO IMPAKT Holdings, LLC. “IMPAKT is entering new markets with high-quality fabrication services, from precision component manufacturing to full system assembly and integration. Our vertical capabilities enable scalable and flexible manufacturing solutions while retaining competitive cost structures which are critical to our customers,” he continued.
About IMPAKT Holdings, LLC:
IMPAKT Holdings, LLC., was formed in June 2016 as a privately held global vertically integrated contact manufacturer. IMPAKT’s core business was established through the acquisition of A1 Machine Manufacturing, which has had four decades of successful manufacturing history. Together with its group of companies and over 300 employees, IMPAKT provides design, engineering and agile manufacturing solutions for the display, semiconductor, solar, bio-tech and other equipment industries. IMPAKT’s group of companies offers specialized services that require large format, high-mix complex manufacturing, and integration solutions.
Headquartered in Santa Clara, CA, and with operations in Incheon and Pyeongtaek, South Korea, and now in Burlingame, CA, IMPAKT is rapidly expanding its global manufacturing footprint and is well positioned in end markets like South Korea. Its vertical capabilities, combined with competitive cost structures, enable scalable and flexible manufacturing solutions. Thus, IMPAKT has expanded to new markets with high-quality fabrication services, from precision component manufacturing to full system assembly and integration. For more information, go to http://www.impaktholdings.com.