JD Norman acquires Henman Engineering & Machine
ADDISON - Diversified metal component manufacturer JD Norman Industries has acquired Henman Engineering & Machine, Inc. for an undisclosed sum.
The acquisition, which was completed Jan. 25, includes two precision machining plants in Muncie and Winchester, Indiana.
"The vision of JD Norman is to build an organization with world class manufacturing, product leadership, geographic reach and customer diversification. The acquisition of Henman Engineering & Machine moves us closer to this vision," said Justin D. Norman, JD Norman Industries president and chief executive officer.
"Henman's product portfolio, plant locations and customers are key additions to our company and a strong strategic fit within our machined metals business unit."
Henman manufactures precision machined components including coil housings, shift forks, sprockets, ball cams, pistons and shift cams. Henman's customers include OEMs and Tier I automotive suppliers.
"Henman Engineering & Machine will be fully integrated within the JD Norman business operating system. We believe our history of integrating acquisitions and operating as one company has best positioned JD Norman to perform for our customers," Norman said.