Demmer Investments acquires Quality Tool
Demmer Investments IV Inc., an entity formed by shareholders of Demmer Corp., Lansing, Mich., has announced the acquisition of Quality Tool Inc.
Quality Tool provides precision metal fabrication, stamping, machining, busbar, and design service, with more than 110,000 sq. ft. of production space and equipment split between its St. Paul, Minn., headquarters and its Brookings, S.D., facility. Its existing leadership team, including President Chuck Proulx, will continue in their current roles.
Demmer Corp. is a vertically integrated manufacturer that provides fabrication, machining, assembly, and integration to companies in the defense, aerospace, automotive, energy, and transportation industries. The company has more than 2 million sq. ft. of production space to make components and perform assembly for battle tanks, personnel carriers, and bomb-resistant vehicles.
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