On March 30, 2023, Victaulic, a manufacturer of mechanical pipe joining, fire protection and flow control solutions, acquired Horizon Metals Inc., a foundry with heat treatment capabilities, located in Nephi, Utah. The acquisition supports growth in the infrastructure and waterworks market by increasing capacity for large-diameter piping solutions made in the U.S.
Horizon Metals, Inc. has been a family-owned and operated iron and steel foundry with heat treating capabilities including: austenitizing, normalizing, water/air quench, tempering, stress relieving, and solution annealing. "Horizon Metals represents Victaulic’s fifth foundry in North America and our fourth foundry located in the United States.” commented Rick Bucher, president and chief executive officer of Victaulic.