North American Heat Treat Acquisition Confirmed

Going way back to August of 2024 “The Monty Heat Treat News” had a news item about commercial heat treater “Metals Technology Corporation” in Carol Stream, IL, USA entering into “receivership”.  “The Monty” continued to track this story and later in 2024 we announced that a potential buyer had been found in the form of “SWD Inc.”, a firm which offers metal finishing of fasteners, which would make for an obvious fit between the two companies. According to this press release the marriage is now consummated and “SWD Inc.” it now the proud owner of Metals Technology Corp.

One thing that jumped out at us about this press release we believe deserves a mention. Rick Delawder, President of “SWD Inc.” states in this press release that “Metals Technology Corp.” is known for them for their high-quality Austemper and Vacuum Heat-Treating Services”. Why did this attract our attention? Because Metals Technology has always had a substantial batch IQ department and this is not mentioned at all in this statement. We believe this is because the team at “The Monty” had been led to believe that “Metals Technology Corporation” has exited the oil quenching business. All in all, an interesting story in the “North American Commercial Heat Treatment Industry”

“SWD Inc. Acquires Metals Technology Corporation; Addison, IL – February 5, 2025 – SWD Inc., a leader in the Metal Finishing and Fastener Sorting fields, is proud to announce the acquisition of the assets and retained the employees of Metals Technology Corporation, a renowned Commercial Heat Treater based in Carol Stream, Illinois. This strategic acquisition marks a significant milestone in SWD Inc.’s growth and commitment to providing comprehensive Metal Processing Solutions. SWD Inc specializes in Black Oxide, Passivation, Phosphating as well as superior corrosion resistant Magni, Doerken and Yuken Coating Systems. 

Rick Delawder, President of SWD Inc., expressed his excitement about the acquisition, stating, “We are excited to welcome Metals Technology Corporation into the SWD family. This acquisition aligns with our vision to expand our capabilities and offer our customers an integrated solution for their metal processing needs. The combined expertise and resources of both companies will enable us to deliver even greater value to the essential manufacturing community we serve.” 

Metals Technology Corporation has been a trusted name in the industry for over 60 years. Known for their high-quality Austemper and Vacuum Heat-Treating Services and dedication to customer satisfaction. The acquisition will allow SWD Inc. to enhance its service offerings and strengthen its position as a market leader in the Metal Finishing and Fastener Sorting sectors. 

The newly formed entity, Better4, LLC, will operate Metals Technology Corporation, ensuring continuity and maintaining the strong relationships built with customers over the years. The integration process is already underway, and both companies are committed to a seamless transition that will benefit all stakeholders.”

Did you like this article? Click here to subscribe to The Monty.

View our recent magazines and podcasts by clicking the following link. https://themonty.com/magazine/