Roanwell Completes Acquisition of Absolute Manufacturing, Inc.
Roanwell Corporation ("Roanwell"), est. 1948, a leading designer and manufacturer of rugged communications equipment, today announced the purchase of Absolute Manufacturing, Inc.'s business assets and operations.
Located in Pepperell, Massachusetts, Absolute Manufacturing specializes in close tolerance machined parts through the use of their multi-axis CNC milling and turning machines. Other capabilities that Absolute Manufacturing offers include: surface grinding, boring and honing as well as value added services such as assembly and kitting.
Absolute Manufacturing presently offers more than 1,000 products for integration into a variety of medical devices that are manufactured by leading original equipment manufacturers and Tier 1 medical device suppliers.
Roanwell Corporation will continue doing business under the Absolute Manufacturing name, retain all employees of the former entity and has leased the existing facility. Roanwell plans to make additional investments in equipment and personnel to further enhance the capabilities of the company to pursue increasingly more complex projects and provide additional value-added services for its customers.
"The acquisition of Absolute Manufacturing, Inc. is a key platform for Roanwell to execute its strategy of expanding into engineered close tolerance precision part manufacturing, allowing for growth in our already established aerospace and military markets, as well as expanding into the medical and power industries," said Jonathan LaBarre, President of Roanwell Corporation.
David Gosselin, Absolute Manufacturing, Inc.'s founder and president, agrees that Roanwell's resources and significant presence in the military and aerospace markets will give both companies the opportunity for faster growth.
"Our capabilities complement each other," he added. "Together, we are confident we can become a major force in the rapidly expanding global market for high precision parts."
Roanwell is dedicated to providing the highest level of performance through quality design, manufacturing and world-class service and support. Roanwell is committed to delivering Absolute Manufacturing's customers the same excellent service. "Our goal is to make the integration of the product lines to Roanwell ownership a positive transition for all customers," LaBarre said.
More information on Absolute Manufacturing is available at
www.absolutemanufacturing.com.
About Roanwell Corporation
Founded in 1948, Roanwell Corporation specializes in manufacturing headsets, handsets, microphones, earphones, cords, harnesses, and accessories for military and commercial communications markets.
The acquisition of Absolute Manufacturing continues Roanwell Corporation's continual growth and expansion program. Other recent growth includes the January 2012, long term sales and marketing agreement with DGM4Parts, www.dgm4parts.com, a New Jersey-based contract manufacturer of wire harnesses, electro-mechanical box building, sign engraving and painting. In addition, DGM4Parts holds over twenty franchised distributor lines offering integrated electronic components and connectors. DGM4Parts has served the military electronics, semiconductor, medical instrumentation, and elevator markets for more than thirty-two years.
With their recent acquisitions, management is now focused on growing its diversified manufacturing group via operating initiatives that are expected to complement and diversify existing business lines.
For more information on Roanwell products, please visit www.roanwellcorp.com
Roanwell Corporation Contact:
Chelly Simon
718-418-0288
sales@roanwellcorp.com
Absolute Manufacturing Contact:
Christine Tate
978-433-0760
info@absolutemanufacturing.com
