President & CEO
Alloy Engineering
Thermcraft, Inc., a manufacturing company of thermal processing equipment, has recently been acquired. Nancy Crafton, widow of Thomas Crafton, the former president & CEO, shared details with the company family and introduced them to the new owner, saying, "Tom would be happy to know there is a bright future for Thermcraft."
Alloy Engineering, a diverse fabricator specializing in high-temperature & corrosion-resistant alloys, notes that the acquisition fits in the company's strategy to expand their high temperature product offering. Through the purchase, the company will be able to leverage their expertise in high temperature alloys along with Thermcraft's expertise in ceramics and heaters to deliver some innovative products to both existing and new customers and markets.
"I am excited and eager," said Lee Watson, president & CEO of Alloy Engineering, "to take the reputation built by the Crafton family along with the Thermcraft employees and grow it to the next level. By merging the core competencies of both companies and taking innovative solutions to market, we will provide a solid future for both of our companies."
