John Barneson (Left), Senior Vice President of Corporate Development at Kaiser Aluminum Corporation, and Chris Joest (Right), President of Imperial Machine & Tool Co., celebrating the successful completion of the acquisition.
Imperial is pleased to announce that it has been acquired by Kaiser Aluminum Corporation (NASDAQ:KALU), a global leader in the production of semi-fabricated specialty aluminum mill products for applications in the aerospace, custom automotive and general industrial end markets.
“We’re extremely excited to become part of the Kaiser Aluminum organization as we embark on the next chapter of Imperial’s growth,” said Chris Joest, President of Imperial Machine & Tool Co. “For 75 years we’ve focused on using innovative manufacturing technology to tackle the most challenging work in the industry. It’s this focus on innovation that has allowed us to thrive over so many years. We believe that along with Kaiser Aluminum’s metallurgical and application engineering expertise, we will be able to continue to deliver innovative solutions for our customers.”
Imperial Machine & Tool Co. will continue to operate as an independent subsidiary of parent company Kaiser Aluminum Corporation.
“This acquisition represents a big step forward for our business,” said Christian Joest, Vice President of Sales & Business Development at Imperial Machine & Tool Co. “Kaiser is aligned with our core values and focus on delivering the highest quality and customer satisfaction. Both Kaiser and Imperial recognize how influential Metal Additive Manufacturing is going to be in the next generation of Advanced Manufacturing and together, we look forward to further developing our leadership position in the field of Metal Additive Manufacturing.”
Learn more about Kaiser Aluminum Corporation at www.kaiseraluminum.com
