Selmet acquires Onamac Industries
Aug 08, 2014 | 11:59 AM
| Frank Haflich
LOS ANGELES Selmet Inc.s acquisition of Onamac Industries Inc. will help the titanium castings producer meet original equipment manufacturers (OEMs) growing demand for near net shape components, the companys top executive said.
"Weve seen large OEMs asking their key suppliers to give them more near net (shape) components that are more easily assembled," Selmet chief executive officer Rick Kenyon told AMM. "Its a very logical vertical integration move for us."....
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