Recently “The Monty Heat Treat News” alluded to a substantial acquisition within the Canadian commercial heat treat industry, we are now in a position to print this press release. To this press release we will add that Metex Heat Treat is ranked as one of the 50 Largest Commercial Heat Treaters in Canada by “The Monty” https://themonty.com/project/the-50-largest-commercial-heat-treaters-in-north-america-2023/  (based on this acquisition we will have to move Metex up on our list when we update it later this year). We have this photo of Gord Montgomery of “The Monty” and Surjit Bawa, President of Metex taken at the Metex facility in Mississauga.

“Metex Heat Treating Ltd, a leader in automotive and commercial heat treating, proudly announces the successful acquisition of Exactatherm Ltd, a prominent player in the aerospace, stainless, and tool steels heat treating industry. This strategic move marks a significant milestone in Metex’s growth and expansion strategy. The acquisition of Exactatherm Ltd represents a key initiative in Metex’s commitment to enhancing its capabilities and offering comprehensive solutions to its clients in the automotive, aerospace, nuclear, commercial, and tool and die industries. This strategic alliance combines the strengths of both organizations, leveraging Exactatherm’s expertise in heat treating with Metex’s cutting-edge technologies and market leadership.

Metex recognizes the valuable reputation that Exactatherm and the Lidster family has built over the years for delivering high-quality heat treating services. Their name stands by itself and will continue to operate as a separate entity of the Metex family. With this acquisition, the Metex group aims to strengthen our position as a market leader and provide new services for all our customers. Both companies will continue to uphold the highest standards of quality and service that both organizations are known for. 

“We are excited to welcome Exactatherm to the Metex family. This acquisition reinforces our commitment to delivering unparalleled solutions to our customers and further solidifies our position as an industry leader. Together, we will build on our shared strengths and create new opportunities for growth and success,” said Surjit Bawa, President, Metex Heat Treating Ltd.

About Metex Heat Treating: Metex was founded in 1983 and has since grown to the largest heat treater in Canada with over 100 employees and over 85,000 square feet.  Metex specializes in continuous and batch heat treatment, induction hardening, and nitriding.  Metex primarily services the automotive sector across Canada and the Eastern US and has the capacity to turnover 350,000 lbs per day.

About Exactatherm: Estab‍‍‍lished in 1979, Exactatherm is one of North America’s leading companies for vacuum heat treatment processing of metals used primarily by the Aerospace, Mould and Tool and Die Industries. Exactatherm Limited is committed to maintaining its position as a market leader and world class provider of heat treatment and advanced surface technologies. Exactatherm is at the forefront of maintaining and setting quality standards for these advanced processes and implements Nadcap AS7102 and AS 9100.”

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