Hazelett Strip-Casting Corporation of Colchester, VT in the US has become a member of a global heat treat furnace solution provider headquartered in Leonding, Austria. This happened via an acquisition of a majority interest in Hazelett.
Hazelett technology is used in metal manufacturing processes worldwide to cast aluminum, copper, zinc, and lead into metal strip and bar used to create a variety of products. The company has been involved in the design and manufacture of continuous casting machines for the global metal industries for over 100 years. Similarly, the acquiring group, EBNER Group, has been involved in the design and manufacture of thermal processing furnaces for over 70 years. Both have been family-owned throughout their histories and this merger preserves that legacy.
Mino S.p.A, based in Alessandria, Italy will remain a shareholder, and David Hazelett will also remain as both a shareholder and president. "As family-owned businesses," Hazelett commented, "Hazelett and EBNER have the freedom to take a longer view; one that encourages investment in research and development, building long-term relationships, and preserving our environment.”
Photo Credit: EBNER
EBNER Industrieofenbau is a global company and market leader in heat treatment facilities for the semi-finished metal products industry. EBNER specializes in the research, development, fabrication, installation and commissioning of heat treatment facilities for the ferrous and non-ferrous industries using the most environmentally friendly and energy efficient technologies.
