From the Wire
Acquisition of National Kwikmetal Services (NKS) Press Release: November 23, 2021 defense, power generation, medical, and infrastructure PRESS RELEASE: November 23, 2021 and construction markets. Banner Industries, comprising Banner Service Services (NKS) Re: Acquisition of National Kwikmetal For over 50 years, Banner Industries (www.bargrind. Corporation, Banner Medical Innovations, Banner P&M Supply, Edge International, and Supra Alloys, is pleased com) has been Medical a premier supplier of Banner precision ground bar, Banner Industries, comprising Banner Service Corporation, Banner Innovations, P&M centerless grinding, turning, straightening, and to announce that MiddleGround Capital, a private equity Supply, Edge International, and Supra Alloys, is pleased to announce that MiddleGround Capital, a other services. Materials include carbon and alloy companyprivate that acquired Banner inthat 2019, has acquired equity company acquired Banner in 2019,value-added has acquired National Kwikmetal Services (NKS) steel, stainless steel, aluminum, brass, nickel alloys, and National Kwikmetal Services (NKS) and added it to the and added it to the Banner platform. titanium. Banner platform. Established ina1989 a small order specialist, NKS (www.nks.com) , based inwithin Des Plaines, Illinois, has “NKS’ unique position their elected markets Established in 1989 as smallasorder specialist, NKS grown to be one of the largest independently owned flat-rolled stainless steel service centers in the allows them to seize the opportunity to serve customers (www.nks.com) , based in Des Plaines, Illinois, has andofisthe recognized in the industryowned as a leader in stainless steel slitting slitting NKS more effectively thanand other largetechnology. traditional service grown toUSA be one largest independently provides differentiated metal products and processing capabilities across the automotive, general centers,” said Dan Stoettner, Banner Industries CEO. flat-rolled stainless steel service centers in the USA and industrial, defense, power generation,“With medical, infrastructure and they construction the and additional capabilities bring to Banner, we is recognized in theaerospace industry asand a leader in stainless markets. look forward to what this next phase of growth means for steel slitting and slitting technology. NKS provides our collective customers.” differentiated metal products and processing capabilities For over 50 years, Banner Industries (www.bargrind.com) has been a premier supplier of precision across the automotive, general industrial, aerospace and ground bar, centerless grinding, turning, straightening, and other value-added services. Materials include carbon and alloy steel, stainless steel, aluminum, brass, nickel alloys, and titanium.
ENGELHARD RECOGNIZED WITH MTIthem INDUSTRY AWARD to serve “NKS’ uniqueED position within their elected markets allows to seizeMERIT the opportunity customers more effectively than other large of traditional service centers,” said Dan Stoettner, Banner Souderton, PA, November 8 - As long-time members “With the additional capabilities they bring to Banner, we look forward to what this the MetalIndustries Treating CEO. Institute (MTI), Solar Atmospheres next phase of growth means for our collective employees are actively involved with the Institute. At customers.” the recent 2021 Fall meeting held in San Antonio TX, MTI recognized Ed Engelhard, Vice President Corporate Quality, with the MTI Award of Industry Merit. This award is given in recognition of current/ongoing commitment to the betterment of the commercial Withindustry kind regards, heat treating with one or more significant accomplishments. Ed currently co-chairs the Technical Standards Committee for the MTI. Additionally, Ed is extremely active with PRI, SAE and at ASTM. Bob Hill President of Solar Atmospheres of Western PA states, “Being are extremely proud that the MTI honored Ed for openly Stephen R. Smith Director a previous business owner coupled|with 40 yearsofofMarketing sharing his knowledge to our heat treating industry.” metallurgical processing knowledge, Ed knows what Mobile: +1 (949) 290-9734 it takes to get the job done and to get it finished right For more information about the Solar Atmospheres, visit the first time. He has the unique ability to separate www.solaratm.com, or contact Bob at (855) 934-3284 ext. srs@edgeintl.com | www.bargrind.com 2224, or bob@solaratm.com. the utopian desires of auditing agencies versus what is practical on the shop floors because he has been there. We TITANIUMTODAY
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