(Grand Rapids, Michigan) – TG Manufacturing, a division of the Tora Group, has purchased Western Michigan-based Dorr Industries. The transaction closed on December 31, 2008, according to a news release posted to Tora's website, and terms of the deal were not disclosed.
Dorr Industries has been in the metal stamping, screw machining and related metal fabricating business since 1957. TG Manufacturing President Rich Achtenberg said he looks forward to expanding on Dorr's existing diverse customer base and processes.
“This acquisition represents an important opportunity for us to expand in the U.S.
market and we believe we are well-positioned to grow our market share in several new industrial spaces,” Achtenberg said.
Executive leadership teams from both companies have collaborated on a plan for the integration of both companies' products and employees. Employees of Dorr Industries, including all members of the current management team, will work for TG, according to the release.
TG Manufacturing is part of Tora Group, a diverse, United States-based manufacturing group of companies. The organization services customers in a multitude of industrial sectors including aerospace, food industry, HVAC, furniture, appliances, renewable energy and construction, among others.
Other Tora Group Companies include TG Renewable Energy Systems, a global system supplier to the renewable energy industry, and TG Global Tooling Alliance. For more information about the company visit http://thetoragroup.com/
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