IMI Acquires Clamp Manufacturing Co.
This deal expands their workholding and general manufacturing product lines.
Posted: February 12, 2019
Industrial Magnetics, Inc. (Boyne City, MI) has acquired Clamp Manufacturing Co. (South El Monte, CA). Since their inception in 1973, Clamp Manufacturing Co. has been a family-owned business whose unique, “Made in the USA” products have long been recognized for their quality, durability and dependability. Over the last 45 years, a diverse range of industries have come to appreciate the reliability of their KANT-TWIST® Clamp and NO-MAR® Hammer product lines in thousands of metalworking, welding, assembly, and general manufacturing applications.
“The acquisition of Clamp Manufacturing Co. marks our next step in expanding our workholding and general manufacturing product offerings. With an eye towards expanded SKUs and a concentration on speed-to-market, we can provide a larger and more diverse product offering to meet our channel partner and end-user expectations,” explained Dennis O’Leary, the chief business development officer at Industrial Magnetics. “Clamp Manufacturing’s footprint, excellent reputation and well-established relationships provide a unique opportunity for us to grow the Kant-Twist and No-Mar brands in conjunction with our current offerings.”
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