Mazzella Companies Acquires New Tech Machinery
Cleveland, OH – Mazzella Companies has acquired New Tech Machinery (NTM) of Denver, CO. New Tech Machinery is one of the leading manufacturers of portable rollforming equipment in the world, and regarded as one of the premier machine producers in the metal construction industry. To date, NTM has sold machines in over 40 countries.
“The reputation of their people and their portable roof panel and gutter machines is second to none,” says Tony Mazzella, CEO of Mazzella Companies.
The acquisition adds to Mazzella’s diverse company portfolio. “It will enhance Mazzella Companies’ international manufacturing capabilities and further solidify our position as a leader in the architectural metal roof and wall industries,” Mazzella added.
New Tech Machinery is based in Denver and has a manufacturing facility in Hermosillo, Mexico. New Tech employs approximately 80 people between both locations and has been in business since 1991.
“They will continue to lead the portable rollforming industry with the best equipment and continue to expand their offerings,” says Mazzella.
About Mazzella Companies
Mazzella Companies employs more than 400 individuals in over 20 locations. Mazzella is one of the largest independently-owned companies in the overhead lifting and rigging industries. Mazzella’s diverse portfolio includes a full range of rigging products, the manufacturing and servicing of overhead cranes, and engineered overhead lifting devices. Mazella is also the parent company of Sheffield Metals, a manufacturer and distributor of coated bare metal products for engineered metal roof and wall systems. To learn more, visit www.mazzellacompanies.com.