BRONX, NEW YORK May 9, 2012
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.