“We can be competitive in the United States; we just have to be smart about it. This fully integrated approach enables us to bring manufacturing back home. Not only are we gaining new customers, we are strengthening relationships with our current customers.” - TMT CEO Barry Leonard
WINSTON-SALEM, N.C. (PRWEB) November 12, 2019
Trans Machine Technologies (TMT) CEO, Barry Leonard, is seeing his dream to create a vertically integrated manufacturing solution realized with TMT’s asset acquisition of Wright Metal Products (WMP).
Leonard closed the deal this week, assuming the assets of WMP’s 30,000 plus square foot facility in Greenville, South Carolina. WMP specializes in re-engineering services, precision machining, metal fabrication, and steel packaging and is ISO 9001:2015 certified. Combining these assets with TMT’s precision CNC machining, casting, forging and metal additive manufacturing capabilities creates a globally competitive and agile solutions provider for customers. The new location will be known as Trans Machine Technologies – South Carolina.
This acquisition brings TMT’s manufacturing control in-house, enabling supply chain efficiencies for customers at highly competitive rates. Leonard himself was amazed at the cost efficiencies his new company will be able to achieve, “We can be competitive in the United States; we just have to be smart about it. This fully integrated approach - - enables us to bring manufacturing back home. Not only are we gaining new customers, we are strengthening relationships with our current customers.”
Both TMT and WMP are major suppliers to multiple industries including transportation, mining, automotive, and OEMs. TMT will maintain warehousing and operations in Winston-Salem along with its additive manufacturing solutions branded under Trans Machine Additive. Casting, forging and machining solutions will continue to be delivered via a global supply chain. The Greenville location will provide re-engineering, machining, turning and fully automated CMM inspection services.
About Trans Machine Technologies:
TMT is a global supplier of precision components to Railroad, Mining, Automotive and Original Equipment Manufacturers in the USA, China and South America. Since 1996 TMT has launched over 900 projects for US Companies in China, Taiwan, Korea, South Africa and Malaysia. Our group of Engineers and Manufacturing facilities represent some of the best in the world.
About Trans Machine Additive:
TMA’s mission is to provide world class Electron Beam Melting (EBM) Additively Manufactured parts. The collaborative culture at Trans Machine Additive enables us to quickly adapt to our customer’s needs. With TMA’s Technical Excellence Resource Model, customers can tap into the exact technical expertise they need for their application without the huge overhead burdens of a large business. We put our customer first as we advance in our journey to production excellence. Effective Project Management and a focused attention to technical detail ensure customer program success.