Website: www.hastingsmfg.com
Industry Niche: Niche Manufacturing
Description
Global manufacturer of piston rings for internal combustion engines used in a broad range of automotive and industrial applications.
Highlights
- Partnered with management to acquire the Company
- Recruited SVP Sales and Marketing and expanding this team
- Recruited several additional senior executives to strengthen the management team
- Continued sales growth to the international aftermarket
- Broadening product line to include a comprehensive diesel engine offering
- Continued growth with industrial and automotive OEMs
- Expanding manufacturing capacity and improving productivity
Add-on Criteria
- Manufacturers of light duty diesel engine piston rings
- Manufacturers of specialty engine components sold into the automotive aftermarket