Continued expansion within Europe for the Ajax TOCCO Magnethermic group!

Yet another strategic acquisition within Europe, compliments the already successful Ajax TOCCO Magnethermic group of companies, providing even better support coverage for users of induction heating processes.
This new acquisition with head offices in Valencia, Spain; demonstrates the groups confidence in, and commitment to Europe's manufacturers.

A little closer to home here in the UK, Ajax TOCCO International Ltd (ATI) operate a complete Induction Service Centre providing comprehensive support on the groups products and also competitors equipment.

ATI’s Manufacturing Department, responsible for the design and manufacture of all types of power delivery items including water-cooled power delivery leads, busbars, furnace coils and inductors. Each of the department’s staff have undergone specialist training to be able to deliver products of a consistent quality and to meet the customers expectations on delivery and price. The department stocks a large variety of copper tube, refractory and insulation materials ensuring the quickest response to customers needs without compromising quality and longevity of the product.

ATI operate a Field Service Department with UK based engineers who are highly trained to deal with regular preventative maintenance, servicing, and crucially emergency repairs on a variety of makes of equipment.

Critical spare parts are stocked to support our own Field Service Engineers or to allow in-house repairs by the customer’s own support departments. Ajax TOCCO also promote this self sufficiency by providing tailored training courses for customers own employees; delivered either at your site or at our own Service Centre.

Our in-house Contract Heat-Treatment Department consists of seventeen induction machines operating both day and at night ensure a speedy turn around for customers requiring heat treatment of their own products, from one off’s to continuous production through a purpose designed cell. Process verification and control procedures are monitored by our metallurgical and quality staff ensures consistently high standards are sustained and which are supported through our ISO 9001 / 2008 procedures.

Three tempering furnaces contribute to a complete ‘one-stop’ heat-treatment facility for induction-processed parts.

• ParkOhio continues to invest in the Eurozone and in its worldwide, highly-technical capital equipment group
• ParkOhio further expands its global induction business servicing diversified industrial markets

ParkOhio (NASDAQ: PKOH) announced today that it has acquired the shares of GH Electrotermia, S.A., headquartered in Valencia, Spain, from Miura Private Equity. GH is a leader in the design, manufacturing and testing of induction heating equipment and heat treat solutions. GH operates through its locations in Spain, India, Germany, China and New York. With over 4,000 machines installed worldwide, GH machines are used for hardening, tempering, and annealing for various industrial applications. This acquisition strengthens ParkOhio's Ajax Tocco Magnethermic's position as the global leader of induction products and adds key technologies to an already diverse portfolio of induction hardening capabilities. ATM's worldwide network of customer service centers and leading induction technologies are expected to increase the sales of GH's equipment and enhance GH's global parts and service business.