Fontijne Grotnes Group acquires part of Hess Industries
The Fontijne Grotnes Group, a maker of manufacturing equipment in the Netherlands, has acquired the intellectual property (IP) of Hess Industries Inc., minus the Wheel IP.
The newly acquired product portfolio is positioned as Fontijne Formitt Inc., which includes Formitt Processes and Formitt Metal Labs, a division of Hess Industries. Formitt Processes’ focus is design and production of equipment for the manufacturing process for catalytic converters. This includes canning assembly, rotary sizing, and spinning equipment. It also comprises specialized areas such as the patented AGC gauging system. Formitt Metal Labs concentrates on process development and prototyping for various metal forming applications.
With this acquisition the Fontijne Grotnes Group maintains part of the Hess Industries production facility in Niles, Mich., renamed Fontijne Formitt Inc. The Buffalo Grove, Ill., and Vlaardingen, Netherlands, facilities continue to be responsible for all other products and services of the Fontijne Grotnes Group.