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Detroit's United Metal Products receives loan assistance from federal program
- January 27, 2011
- News Release
- Shop Management
United Metal Products, a Detroit metal stamping and forming business that primarily supplies the auto industry, received assistance from the Michigan Economic Development Council (MEDC) that allowed the company to secure loans totaling $2.6 million. The MEDC assistance came through $1.5 billion of federal funding from the Small Business Credit Initiative bills passed into law in October, 2010.
The funding allowed the company to diversify by acquiring Applied Manufacturing & Engineering International, Inc., a Shelby Township defense contractor, diversify its customer base, and create more jobs.
United Metal Products produces metal stamping from short-run to production level volumes, although the bulk of their business relates to service work for Ford Motor and Tenneco Automotive. The primary service parts produced at United Metal Products are for catalytic converters. The company has flexible capacity with 75 to 600 ton, high-speed presses to produce an array of stampings, from washers to complex stamped assemblies. They also produce prototype stamping, high volume stamping, four slide production, die repair, assembly, robotic welding, and orbital riveting.
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The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
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- Podcasting
- Podcast:
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- Published:
- 04/16/2024
- Running Time:
- 63:29
In this episode of The Fabricator Podcast, Caleb Chamberlain, co-founder and CEO of OSH Cut, discusses his company’s...
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