Essig Acquires Performance Tool, Forming Essig MFG to Add Design/Build Capabilities.

MANews-(C)2009-2020

US-based high-tech engineering and manufacturing company Essig has acquired Missouri-based tool and hardware manufacturer Performance Tool LLC, to establish Essig Manufacturing LLC, the company said.

Terms of the transaction were not disclosed.

Essig MFG adds manufacturing capabilities to Essig's offerings, providing design-build services, from initial design to production. This product lifecycle capability has been sought after by Essig's large industrial customers. Connecting design with build will enable Essig to improve...

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