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May 14, 2024
MANITOWOC – Wisconsin Aluminum Foundry (WAF) acquired ATEK Metal Technologies of New Hampton, Iowa – which specializes in low-pressure permanent mold castings and tilt-pour molding.
WAF CEO Sachin Shivaram said the acquisition will expand WAF’s current operations while deepening its reach into key markets, including motorsports, transportation, agriculture and the medical industry.
“Not only is the team at ATEK skilled and dedicated, but the products it makes complement our current offerings, making this a natural fit,” Shivaram said. “Ultimately, we are focused on establishing the northern Midwest as the place for high-quality aluminum castings.”
ATEK is the fourth acquisition by WAF in recent years, and follows the acquisitions of DEE, Inc. in Crookston, Minnesota; Manitowoc Pattern & Machining in Manitowoc; and Wabash Castings in Wabash, Indiana.
WAF is in the midst of a $25 million expansion in Manitowoc to add capacity in gravity pour permanent mold casting, 3D sand printing and low-pressure permanent mold casting.
