EuroWire September 2022

Corporate News

MacBee under new Fenn ownership Fenn, LLC has acquired the intellectual property of Engineered Machinery Group Inc, which includes the rights to MacBee Engineering Group, and will continue to build and support its product lines. but the MacBee product line continued, after being licensed to Mr Stevens’s son, who operated his own firm under the Mac Bee name, until the pandemic forced its closure.

With a similar focus in clientele, industries and equipment, Fenn was found to be a natural fit. “MacBee’s wire- and tube focused product lines are an excellent complement to our existing draw bench, swager and wire shaping offerings,” said Fenn president Ryan Cutter. “We look forward to utilising Fenn’s existing infrastructure to continue providing MacBee equipment, service and spare parts for MacBee customers.” Mr Stevens will join Fenn as a consultant, to continue supporting MacBee products. Fenn LLC www.fenn-torin.com

Mr Stevens continued to maintain ownership of all MacBee designs and intellectual property, supporting the product line with his newly formed firm, John Stevens Consulting. However, he was eager to find a permanent new home for the MacBee rights that would allow customers to not only purchase new machinery, but also enjoy a greater depth and breadth of service and spare parts availability.

Founded in 1966, MacBee Engineering was known as an American manufacturer of sink and drawmachines, draw benches, payoffs, take-ups and a variety of ancillary equipment. In 2004, former MacBee vice president John Stevens purchased the company, adding its product lines to his own company, Engineered Machinery Group. Madem Group Madem Group, with headquarters in Brazil, manufactures nailed wooden reels. The company has its own renewable forests, sawmill and manufacturing facilities in Brazil, the USA, Bahrain, Colombia, Mexico and Spain, and employs more than 700 associates worldwide. Mr Stevens closed the company in 2013,

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Its combined annual production exceeds 6,000 containers of knocked down reels, including customised products, that ship to more than 150 wire and cable plants around the world. Madem Group www.mademreels.com

Madem’s stand at the wire 2022 show in Düsseldorf, Germany

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September 2022