Manitowoc Tool & Machining said in a press release that it has acquired MVI Machine Company of Kaukauna.
MVI will continue to operate under its current name.
MVI, which opened in 1996, produces parts for a variety of industries, including mining, power generation, defense, aerospace and oil/gas.
Manitowoc Tool will have more than 500 employees and more than 250 precision machine tools with the acquisition.
“We see many avenues for continued growth, including sharing best practices and industry knowledge,” Rick Swoboda, president of Manitowoc Tool, said. “The company has done a great job of delivering quality and innovative products. The management team has rich experience in this industry, and we look forward to working with them on a number of growth initiatives.”
Manitowoc Tool acquired G&V Machine Company in Jefferson in May and completed a 42,500-square-foot warehouse and office expansion in Manitowoc in August.
Manitowoc Tool specializes in high-volume metal stamping, metal fabrication, tool and die, robotic welding, CNC machining, water jet cutting, laser cutting and assembly.
