United States - 07/01/2019 (PRDistribution.com)
UltraFlex Power Technologies (UltraFlex) a leading, manufacturer of advanced, modular induction heating equipment has announced the acquisition of Induction Technology Corporation (ITC), a California based manufacturer of induction heating and melting equipment. The acquisition of Induction Technology Corporation will further support UltraFlex’s trajectory for continued growth as a leader in the industry.
"The acquisition of ITC further supports our vision to meet increasing demands for complex induction heating and melting solutions through expanded product offerings, increased technical and field support capabilities within new and existing markets. The new products and excellent service provided by Induction Technology Corporation will strengthen the services and enhance product lines offered by both UltraFlex and ITC”, said Nedelina Metodieva, Project Manager at UltraFlex Power Technologies.
Founded and headquartered in New York, UltraFlex Power Technologies provides customer-focused solutions and equipment for induction heating, melting, and casting applications worldwide. UltraFlex offers the most advanced and innovative digitally controlled induction heating technology in the industry. UltraFlex products have been designed and engineered with the customer in mind, allowing for simple operation and finite process control. Read more at: www.ultraflexpower.com
About Induction Technology Corporation
ITC is an international company, founded in 1979 and specializes in the custom design and manufacturing of complete induction melting and heating systems. The company has made impressive strides, having grown organically from their founder’s garage to their new facility in Apple Valley, California. ITC equipment utilizes induction technology to heat or melt ferrous and nonferrous metal alloys using an inductive electromagnetic field. Read more at: www.inductiontech.com