Austrian equipment manufacturer ASMAG Group has announced the acquisition of Mill Masters, an American manufacturer of pipe and cable plants based in Jackson, Tennessee.
The deal marks a strategic step in strengthening ASMAG's presence in North America while expanding its technological capabilities in pipe welding plants.
Mill Masters, which has supplied more than 150 pipe and cable mills worldwide, specializes in systems for the production of smaller pipes. Its range complements ASMAG's existing specialization in the production of large-size pipe mills, which allows the combined group to meet a wider range of customer requirements.
According to Johann Vielhaber, this acquisition supports ASMAG's long-term strategy to expand its technology offering and strengthen its operational presence in the United States, bringing the company closer to customers and partners in the region.
Bill Pantofer emphasized that joining the ASMAG Group will allow Mill Masters to leverage global resources and innovation while maintaining established standards of quality and accuracy.
Mill Masters will continue to operate under its current name and remain at its current location in Jackson, Tennessee. The company will be integrated into the ASMAG Group structure, while ensuring continuity in customer relations, expertise and service.
ASMAG already has a sales office in Chicago, Illinois. With this acquisition, the group is opening its first full-fledged production and service center in the United States.
The ASMAG Group network now includes five key branches, including in Austria and Germany, and has also expanded its presence in the US market.
