Wall Colmonoy Corporation, whose headquarters are in Madison Heights, Michigan, announced the acquisition of Franklin Bronze & Alloy Company, Inc. effective August 29, 2014.
By joining with Wall Colmonoy, Franklin Bronze will integrate expertise, sales & marketing teams, and business goals. Wall Colmonoy and Franklin Bronze share the vision of delivering technical expertise and products to customers.
Wall Colmonoy is a global leader in the manufacturing of surfacing and brazing products, castings, and engineered components. In 1938, Albert F. Wall founded the materials engineering company in Detroit, Michigan. Mr. Wall's entrepreneurial spirit and innovative vision is at the core of what shapes the continued success of Wall Colmonoy.
Franklin Bronze, the oldest operating casting foundry in Pennsylvania, was founded in 1878. John and Bob Barber purchased the business in 1978. Franklin Bronze has become a globally recognised leader in the investment casting industry.
Franklin Bronze will be renamed Franklin Bronze Precision Components, LLC and become a wholly owned subsidiary of Wall Colmonoy Corporation. Wall Colmonoy, together with Franklin Bronze, is a global materials engineering organisation with facilities located in the US, UK, and France with 500 employees.
“Franklin Bronze Precision Components, LLC., now a subsidiary of the Wall Colmonoy Group, adds a strategic partnership of two companies offering metallurgical solutions and alloys.” states Bill Clark, Chairman & CEO.
Bob Barber, former owner of Franklin Bronze & Alloy Company, Inc. and current Director of Business Development states, “The synergy between Franklin Bronze and Wall Colmonoy provides opportunities to grow within the industries we already serve and develop new markets.”