AMG Advanced Metallurgical Group N.V., Amsterdam, announces that its subsidiary ALD Vacuum Technologies has acquired the remaining 50% share of its joint venture company ALD-Holcroft from AFC-Holcroft. Formed in 2005, the ALD-Holcroft joint venture acts as the exclusive sales agent for ALD’s heat treatment product lines in the NAFTA region. The acquisition will enable AMG to streamline its heat treatment and metallurgy furnace marketing operations in the United States, Canada, and Mexico.
AMG produces highly engineered specialty metals and mineral products, and provides related vacuum furnace systems and services to the transportation, infrastructure, and energy idnustry, as well as specialty metals and chemicals markets.
AMG Critical Materials produces aluminum master alloys and powders, titanium alloys and coatings, ferrovanadium, natural graphite, chromium metal, antimony, tantalum, niobium, and silicon metal. AMG Engineering designs and produces vacuum furnace equipment and systems used to produce and upgrade specialty metals and alloys for the transportation, automotive, infrastructure, and energy markets.
With approximately 3000 employees, AMG operates globally with production facilities in Germany, the United Kingdom, France, Czech Republic, United States, China, Mexico, Brazil and Sri Lanka, and has sales and customer service offices in Russia and Japan (www.amg-nv.com).
