Avalon Precision Casting is being acquired by Sigma Electric Manufacturing Corp., a manufacturer of ferrous and non-ferrous castings.
Headquartered in Cleveland with additional plants in Wisconsin, Avalon manufactures investment castings products for customers in the aerospace, defense, HVAC, power, agriculture, and oil & gas end markets.
The combination of Avalon's investment castings capabilities and Sigma's global, market-leading casting and precision machining capabilities brings significant product sourcing, supply chain management, and scale opportunities to each company's customer base.
Avalon President and CEO David Palivec said, "Our new partnership with Sigma will enhance our capabilities to help us better serve our markets and expand our product offering. We look forward to our next phase of growth as a part of Sigma's global platform."