Mergers & Acquisitions

Original Press Release

MW Industries Announces the Acquisition of Tri-Star Industries

Press release date: Jul 13, 2017

CHICAGO, July 13, 2017 – MW Industries, a leading provider of highly engineered springs, specialty fasteners, machined parts, and other precision components, announced today the acquisition of Tri-Star Industries, an industry leading manufacturer of precision threaded inserts for plastics.

Located in Berlin, CT, Tri-Star was established in 1991. The company manufactures a complete line of standard and custom designed threaded inserts and compression limiters in brass, steel, aluminum and stainless steel for plastic applications. Tri-Star also produces high-volume screw machine products and CNC Swiss precision turned components. The company has machining capabilities to produce metal parts with complex designs, tight tolerances, unique features and high quality surface finishes.

“The Tri-Star brand has an excellent reputation for quality, customer service, engineering expertise and on-time delivery. By joining the 20 brands that make up the MW Industries family of companies, Tri-Star will be able to offer customers a broader market basket of products, both now and in the future,” explains John Bagnuolo, Chief Executive Officer, MW Industries.

MW has completed a number of acquisitions to strengthen its product offerings and customer base and is currently evaluating a strong pipeline of possible transactions.

About MW Industries

MW Industries, Inc., headquartered in Rosemont, Illinois, is a leading provider of highly engineered springs, specialty fasteners, machined parts and other precision components to more than 23,000 customers in 35-plus countries. Its more than 40,000 products are sold through a combination of direct sales, catalogs and distributors to original equipment manufacturers and aftermarket customers in aerospace, medical, electronics, energy, agriculture/construction and other sectors. For more information, please visit www.mw-ind.com.

Contact:

Darlene Kober

Senior Vice President,

Marketing & Sales

+1 (847) 349-5767