PITTSBURGH: Woodings Industrial Corporation and affiliated companies have announced the acquisition of Superior Machine Company of South Carolina, Inc., a leading provider of electric arc furnace and continuous casting equipment and services.

The acquisition will strengthen Woodings Industrial’s position in the North American market for melt shop engineering, design, maintenance, and repair.

Superior Machine, founded over 50 years ago, has production facilities in Florence, South Carolina, and an engineering and sales office in Cleveland, Ohio.

The company serves customers throughout North America with a range of products and services, including furnace shells, roof systems, water-cooled equipment, ladles, transfer cars, electrode arms, ductwork, and cooling equipment. Superior Machine also offers turnkey project management and field services for demolition, upgrades, modifications, and emergency repairs.

Superior Machine will continue to operate independently under the Woodings Industrial group, maintaining its brand identity, leadership team, and customer focus.

The partnership will create opportunities for complementary design, engineering, and manufacturing proficiencies, as well as access to unparalleled resources and expertise.

Robert T. Woodings, III, President & CEO of Woodings Industrial and Munroe Inc., expressed his enthusiasm about the acquisition, saying, “We are very excited about expanding our melt shop expertise and capabilities to include electric arc furnace and continuous casting capabilities in the North American market.

I am also very happy to welcome the Superior team of 140 professionals onboard. The acquisition will benefit both companies’ existing customers and I am convinced that, together with Superior, we can expand our business in line with our growth strategy.”

John L. Ham, Jr., President of Superior Machine, also commented on the partnership, saying, “Joining forces with Woodings Industrial group of companies is an exceptional step for Superior and its employees.

This partnership provides access to unparalleled resources and expertise that will accelerate our growth while preserving our commitment to the highest level of customer satisfaction.”

The acquisition was financed by Ironwood Capital and advised by Raptor Partners and Dentons Cohen & Grigsby.

Woodings Industrial and Munroe Inc. are global leaders in the design and manufacture of equipment and components for the metals, power, petrochemical, and pulp/paper industries.

The two companies have been committed to customers’ needs for well over a century and offer a wealth of expertise and knowledge. Together with Superior Machine and affiliated company Progressive Power Technologies, they form a powerhouse of capabilities with over 300 years of collective manufacturing experience.

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