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Rollforming-Equipment Producer Acquired.

Mestek International Corp., through its Formtek Inc. subsidiary, has purchased the designs, intellectual property, and some physical assets of B&K Rotary Machinery Int'l Corp. (Brampton, Ontario, Canada).

B&K manufactures rollforming, coil-handling, and rotary punching/shearing equipment. Designs include the B&K Supermill, Rotary Shear, and Rotary Pierce. It was founded in 1954. B&K products will be designed and manufactured at Formtek operations outside Chicago and in Maine. The acquired company's founder, Ernest R. Bodnar, will act as a consultant to Formtek.

The B&K line will complement existing Formtek metalforming operations, including Cooper-Weymouth, Peterson (shears), Coilmate/Dickerman (coil-handling), and Rowe Machinery & Mfg. (all in Clinton, Me.); Dahlstrom Industries (Schiller Park, Ill.) and Hill Engineering (Villa Park, Ill.).

Parent company Mestek (NYSE) manufactures HVAC equipment as well as sheetmetal processing machinery.

Mestek Inc., Villa Park, Ill. 630-834-4430.
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Publication:Metalworking Insiders' Report
Geographic Code:1USA
Date:Mar 21, 2000
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