MANITOWOC, Wis. – Jagemann™ Stamping Company, a leading manufacturer of deep drawn, progressive metal stampings and fineblanking announces today the acquisition of the assets of Fairfield, Ohio based Feinblanking LTD. This strategic acquisition positions Jagemann™ to further provide fineblanking and value added services to the industry and enhances Jagemann’s overall position in the fineblanking market.
“We are excited about this acquisition as it allows Jagemann™ to provide additional fineblanking and value added services,” said Tom Jagemann™, Chief Executive Officer of Jagemann™ Stamping Company. Feinblanking LTD has remained focused on small precision components serving the electrical, hardware and other markets.
According to Ralph Hardt, President of Jagemann™ Stamping Company, “We are pleased to work with many new customers going forward and also demonstrate to them the portfolio of capabilities Jagemann™ provides.” In addition “Karl Keyes, the founder of Feinblanking LTD, possesses very solid tooling design and build experience that will allow Jagemann™ to serve a greater product and volume range, particularly volumes that were not possible due to traditional tooling costs. We are pleased that Karl will work with Jagemann™ going forward to implement this design and build concept and assist with Jagemann’s growth objectives in fineblanking.”
Jagemann™ has, for many years, focused on precision deep drawn applications. Jagemann™ processes many types of materials, both ferrous and non-ferrous. In 2010, Jagemann™ added fineblanking to its portfolio in an effort to further enhance Jagemann’s technical leadership and enable Jagemann™ to provide expanded services to customers. And, in 2011, Jagemann™ added plastic insert-/over-molding capabilities to its portfolio. Jagemann™ plans to continue its growth in the fineblanking area by adding higher tonnage press capability. Stay tuned for news from Jagemann™ on this investment and capacity growth!
Jagemann™ is committed to maintaining service and production levels as they are today, with absolutely no interruption as it transitions the business.
About Jagemann™ Stamping Company
Founded in 1946 and headquartered in a state-of-the-art facility in Manitowoc, Wis., Jagemann™ Stamping Company is a family-owned, full service stamping company recognized worldwide as a leading manufacturer of deep drawn, progressive and fineblanking metal stampings. For more information on the company, visit jagemann.com or call (888) 337-7853.