wiredInUSA - April 2012
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MW Industries Inc, manufacturer of highly engineered
specialty springs and fasteners, continues theexpansion
of its operations with the acquisition of Pontotoc Spring
of Pontotoc Mississippi, a division of Union Spring &
Manufacturing Corporation of Monroeville, Pennsylvania.
Pontotoc Spring is a manufacturer of aftermarket
coil springs. It also manufactures metal stampings for
industrial, consumer and automotive applications.
Bill Marcum, CEO of MW Industries, commented on
the acquisition of Pontotoc Spring, “Pontotoc meets
our strategic objective of continuing to identify strong
companies that will further build our business. We are
excited to add its strong operations, employees and
customer base and anticipate expanding Pontotoc’s
business as part of MW.”
Allen Roye, general manager of Pontotoc Spring,
added, “Weareverypleased tobe joiningMW Industries
to further build and invest in our operations. As part of
MW, we will have additional resources that will allow us
to continue providing an unmatched level of customer
service and new product offerings for both our existing
and new customers.”
Last year, MW acquired Economy Spring, a
manufacturer of springs and wire forms serving
predominantly the medical end-market.
Spring
acquisition
Solar park
f o r Sus sex
The Delaware Electric
Cooperative has announced
plans to build a four megawatt
solar park near Georgetown.
The 20-acre park will be
capable of powering 500
homes, and will help the
cooperative meet Delaware’s
renewable energy standards
that require utilities to generate
or purchase 25 percent of their
energy from renewable sources
by 2025.
“The park will feed power
directly to the Co-op’s electric
distribution system,” DEC
president Bill Andrew said
in a statement.
The park, which is being
developed by SunEdison
using solar panels from Motech
Americas, has the potential
to expand to 40 acres and
eight megawatts of power.
Derick Botha, vice president
of Motech Americas, said in
a
statement, “DEC is fostering
green jobs in Delaware and
giving back to the community
by supporting the local
economy and we are proud
to be the provider of choice.”
Groundbreaking for the
project is expected to be
held this spring. Delaware
Electric Cooperative is a
member-owned electric
utility serving 84,000
member-owners in Kent
and Sussex counties.
wiredInUSA - April 2012
