TPi October 2012

business & market news

Norma acquires Italian clamp manufacturer Engineered joining technology company Norma Group AG has acquired Nordic Metalblok Srl, with effect from 12 July 2012. The parties agreed to maintain confidentiality on the transaction details. agricultural and construction sectors. In addition, the company produces metal bands and related tools.

distribution centre in Gavardo. Norma Group manufactures a wide range of engineered joining technology solutions in three product categories (clamp, connect and fluid), and offers around 35,000 products and solutions to approximately 10,000 customers in 90 countries. The company’s joining products can be found in vehicles, ships, trains and aircraft.

Nordic Metalblok distributes its products to retailers and wholesalers as well as to manufacturing companies globally. The company generated overall sales of around €6mn in fiscal year 2011. It will be consolidated as part of Norma Group with immediate effect. Norma Group has already been present in Italy since 2006, and operates a

Based in Riese Pio X near Treviso in northern Italy, Nordic Metalblok has been active in the market for over 40 years. The company manufactures clamps for various applications, particularly for the heating, ventilation and air conditioning industry and the

Norma Group AG – Germany www.normagroup.com

ITS donates tubing Steel Corporation (ITS) donated steel tubing to the University of Akron engineering students at the 2012 American Institute of Steel Construction/American Society of Civil Engineers National Student Steel Bridge Competition. The UA team ranked fifth overall in the national competition and first in the Ohio Valley Conference. “We’re proud to continue our support of the University of Akron at this year’s competition,” said Dick Siess, president of Industrial Tube & Steel. “It’s a great opportunity for the students that enables them to think outside of the classroom. We’re pleased to help again in granting them this opportunity and would like to congratulate them all.” Industrial Tube & Steel donated all of the steel used by the UA’s team at this year’s competition and previous qualifying conference competitions. ITS has sponsored the UA team in the last six competition years by donating a variety of tubing sizes, and has donated a total of $18,000 of steel to the University of Akron. Industrial Tube &

Industrial Tube & Steel Corporation – USA www.industrialtube.com

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October 2012 Tube Products International