HOMESTEAD, Pa.,-- ASKO, Inc. a manufacturer of shear knives and wear parts for metal producers, processers, and recyclers, has acquired assets of The Wapakoneta Machine Company.
In acquiring Wapak intellectual property, machinery, equipment and inventories, ASKO recognizes opportunities to serve new customers, expand business and create growth. The integration of the Wapak business into ASKO's will benefit ASKO customers, ASKO employees and strengthen the company.
Wapakoneta's President, Dan Fischer, stated, "Wapakoneta is pleased that with ASKO's purchase of assets, the customers of Wapakoneta may look forward to the continuous and reliable supply of the grades and quality products that Wapakoneta has perfected over the years. The employees and shareholders of Wapakoneta are working together closely with ASKO to assure a seamless transition for Wapakoneta's former customers."
Wapak, founded in 1891, has continually manufactured and serviced industrial knives at its sole manufacturing facility in Western Ohio. Wapak's products include straight and circular knives for the steel and non ferrous metals industries, slitter tooling, and hardened machine ways.
For additional information about ASKO contact Bill Rackoff Bill Rackoff or visit our website: http://www.asko.com/
Bill Rackoff, is CEO of ASKO
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