Manufacturer of metal powder parts Micro Metals, Inc, Jamestown, Tennessee, USA, has been acquired by Alderman Enterprises, Chattanooga, Tennessee, reported The Chattanoogan. Micro Metals has, since 1976, served the automotive and general manufacturing industries.
“Micro Metals represents exactly what we look for in an Alderman business: a successful, well-run operation backed by a strong leadership team and talented employee base,” stated Ben Brown, founder and partner of Alderman Enterprises. “The company has specialised equipment and know-how to deliver world-class products to its long-established customer base. And, importantly, Micro Metals is a respected and engaged participant in the Jamestown community.”
Scott Edwards, CEO, Micro Metals, added, “I feel very blessed to have entered into this agreement with Alderman Enterprises. Not only will their purchase of the Edwards’ family business allow me to focus on other interests, more importantly, it will assure the continued growth and prosperity of Micro Metals for our customers, our employees and the local community.”
“I’m more than confident the firm will maintain its preeminent position in the powder metal industry, while continuing to be a valuable asset to Fentress County [Tennessee]. Alderman’s leadership combined with Micro’s current talented staff is a definite recipe for success,” he concluded.