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Global Highlights North America MW Industries, the Charlotte-based precision component manufacturer, recently announced that it has brought together 21 of its businesses under a single umbrella: MW Components. The new division is on a mission to help manufacturers accelerate and simplify the entire process of creating, buying, and managing the often-complex task of getting the precision parts they need. MW Components will be led by Chris Fillmore, an industry veteran with over 15 years’ experience in delivering highprecision components for demanding industries including aerospace, medical, and oil and gas. The combined business has more than 100 highly skilled engineers on hand to provide feedback on design for manufacturability, cost, and performance. Specialist production capabilities span a wide variety of precision components, including high-performance springs, fasteners, bellows, wireforms, and virtually any custom-designed parts manufacturers require. MW Components brings together experts from industry leaders including Century Spring, Accurate Screw Machine, and Servometer into a single expanded team. It will enable the business to take a more holistic view of customer needs, giving valuable access to greater knowledge, expertise, and innovations from across the division’s 20 plus facilities. The intention, according to MW Components, is that the entire process of designing, ordering, and managing the multitude of components engineers need to meet customers’ design objectives will be streamlined. This offers a tangible speed advantage, regardless of whether a customer is developing a new product to dominate their market or racing against the clock to repair a missioncritical piece of equipment.
Commenting on the creation of the new division, MW Industries CEO Simon Newman said, “Our individual businesses have always had a well-deserved reputation of delivering a great product at high speed. Now, with the creation of MW Components, we’re looking forward to unlocking a step-change in how manufacturers get the precision parts they need to thrive. We believe MW Components offers demanding businesses a powerful new partner to help them succeed in today’s challenging markets.” The division’s new website is now live at mwcomponents.com with many of the existing brands already under the new umbrella. Additional brands will join MW Components in a staged process over the next 12 months. Also at MW Industries, the company announced in March 2021 the acquisition of Duer Carolina Coil, Inc., a leading manufacturer of hot and cold wound springs. The acquisition increases MW Industries’ existing portfolio of businesses offering engineered spring solutions for the automotive, heavy truck, defense, valve, and agricultural markets. The combined company will offer expanded hot and cold wound spring manufacturing capabilities and serve customers in more than 75 countries. “We are excited to welcome our new Duer Carolina Coil colleagues to MW Industries. During a period when businesses are under greater pressure to produce quality products quickly and at affordable costs, we offer expansive U.S.-based manufacturing capabilities and in-house expertise that can provide the components our customers need, when they need them,” said CEO Simon Newman. “We are thrilled to be able to provide even greater capacity with the
addition of Duer Carolina Coil to the MW Industries portfolio.” Duer Carolina Coil will join MW Industries’ existing family of companies, which includes more than 30 locations worldwide. Betts Company has acquired Rite-Way Axle and Suspension of Sun Valley, Calif., from owners Kelly and Nancy Virchow. Founded by Clarence and Dick Virchow in 1964, Rite-Way is a third-generation family business. Rite-Way Axle will join Betts Company as a truck parts and repair service center under the Betts Truck Parts & Service division. “On behalf of Betts Company and Betts Truck Parts & Service, we are excited to welcome the Rite-Way team as Betts team members,” adds Bill Betts, president, Betts Company. “The Virchow family has developed a great reputation in the Southern California market. We are excited to have their team join us and continue their tradition of excellent customer service. Rite-Way has a fantastic brand reputation, and we look forward to learning from them as well as bringing some of our strengths to their team.” Bill Shockey of BT Machinery Sales, LLC has retired, effective December 31, 2020. The business has been closed by Shockey, who said that after 40-plus years of working in the spring and wireforming industries, he believed it was time. “It’s been a great ride and I have had the opportunity to meet and work with many wonderful people,” said Shockey. Shockey said it is difficult to summarize more than 40 years of change. “From the mechanical coilers and hand forming that was done when I started to today’s fully automated CNC processing machinery; from the ‘mom and pop’ companies with one spring coiler that was operated
SPRINGS / Summer 2021 / 7
