NETFORM, a Torque Capital Group portfolio company, has completed its merger with Vickers Engineering Inc. Based in New Troy, Mich., Vickers produces precision-machined steel and aluminum parts and assemblies for OEM and Tier 1 customers in the global automotive and industrial markets.
NETFORM is a leading manufacturer of advanced flowformed and cold-formed components and assemblies primarily focused on transmission and propulsion applications in the automotive and truck markets. NETFORM is a recognized industry leader in applying its advanced process capabilities to the development of innovative components and assemblies which are characterized by high strength to weight ratios, near-net shape specifications that require little to no additional secondary operations, and reduction in weight, waste, and cost. NETFORM operates out of three facilities in Maumee, OH and Shelby Township, MI.
Tim Cripsey, President of NETFORM, said, “Vickers is a leader in the automotive industry with a stellar reputation and advanced automation technologies. Our partnership brings NETFORM and Vickers customers further capabilities with enhanced quality and service as we look to stay at the forefront of innovation and co-develop highly engineered and differentiated industry-leading product and process technologies.”
The new partnership will allow Vickers to continue to leverage its advanced product capabilities and automated manufacturing processes across a larger, more diversified customer base. Vickers provides NETFORM with a diversified set of steel and aluminum processing capabilities as well as automation synergies, which will continue to support growth in the hybrid and EV markets.