Alloy Supplier Acquired

Pro-Tech was established in the Chicago, USA area in the 1980’s to provide alloy components to the heat treatment industry. Over the years they have become reasonably well known in the industry which makes this news item rather interesting. Basically it says that the company has been acquired by a firm by the name of EQI. 
“Spring Lake, MI 2/19/2024 – EQI, a leading provider of line-ready solutions for metal products, has finalized its acquisition of Pro-Tech, a prominent supplier of metal products to the thermal processing industry. This strategic move underscores EQI’s commitment to diversification and expansion into key markets, positioning the company for sustained growth and success.

Established in 1985 by brothers Jim and Mike Barron and headquartered outside Chicago, IL, Pro-Tech has built a strong reputation for supplying high-temperature products utilized in various sectors including heat treating, steel production, lime production, cement production, and power generation. Pro-Tech’s proprietary products, coupled with its strategic approach of utilizing company-owned tooling and outsourcing production to high-quality foundries, have enabled it to establish a solid foothold in the thermal processing market.

Pro-Tech proudly serves a diverse customer base of over 100 clients, ranging from commercial heat-treaters to major players in heavy-duty truck manufacturing, power generation, automotive, and aerospace industries with captive heat-treating operations. With 90% of its revenue originating in the United States and additional contributions from Mexico, Canada, and India, Pro-Tech has effectively expanded its global footprint while upholding a robust presence within the domestic market. EQI is excited about partnering with Pro-Tech to further strengthen the company’s position and deliver enhanced value to its customers.

“We are thrilled to welcome Pro-Tech into the EQI family,” said Blake Phillips, President & CEO of EQI. “Their extensive expertise in the thermal processing industry and their commitment to quality align perfectly with EQI’s core values and strategic objectives. Together, we will leverage our combined strengths to deliver exceptional value to our customers and drive innovation in this critical sector.”

Under the terms of the acquisition, Pro-Tech will operate as a division of EQI, maintaining its focus on delivering high-quality products and services to its customers. EQI remains dedicated to fostering a culture of collaboration and excellence, ensuring a smooth transition for both teams, and further enhancing customer satisfaction.

About EQI, Ltd: With an unmatched range of expertise and production capabilities, EQI is a leading provider of line-ready metal components that streamline and de-risk the supply chain for industrial equipment manufacturers. The company’s one-of-a-kind foundry network delivers high-quality metal castings, forgings, and fabrications on-time and on-budget. With a team of experts and locations in the U.S., Canada, China, India, Europe, and Vietnam, EQI’s tailored solutions mitigate risk and contain costs for manufacturers worldwide.

About Pro-Tech: Pro-Tech is a renowned supplier of high-temperature products to the thermal processing industry, with a diverse customer base and a strong global presence. Established in 1985, Pro-Tech has built a reputation for quality and reliability, serving clients across various sectors including heat treating, steel production, lime production, cement production, and power generation.”

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