Bracalente Manufacturing Group announced July 27, the purchase of Millennium Manufacturing Inc. at its U.S. headquarters in Trumbauersville.
The acquisition of Millennium helps bolster the group’s already robust specialized CNC milling, turning, multi-spindle manufacturing capabilities and complements its highly skilled workforce as it expands footprint in aerospace, EV, electro mechanical automation and tactical markets.
Bracalente Manufacturing Group is a privately-owned, third-generation manufacturing company that has grown significantly over the past few years, increasing capacity and sales by more than 50%. The Millennium deal is an extension of that growth, ensuring the increased customer demand is backed by the rigorous quality standards in the company’s specialty component manufacturing.
“The acquisition of Millennium Manufacturing is part of our growth plan. We are excited to bring the unique capabilities of the Millennium team to our group,” stated Ron Bracalente, CEO and president of Bracalente Manufacturing Group. “We’ve increased our capacity to meet the demand of our customers. This deal strengthens our U.S. presence with additional talent that specializes in our unique manufacturing offerings. It’s a win for us.”
The undisclosed financial deal is part of the Bracalente expansion initiative, with the addition of several multi-million-dollar automated machining cells, an expanded sales team and a culture of continuous learning and cross-training for the more than 130 employees stateside.
Started in 1950 as a simple screw machine shop in the family’s garage, today Bracalente is a global manufacturer producing specialty components for some of the largest global brands.
Dave Fricke, owner of Millennium Manufacturing, said “The Bracalente name is synonymous with quality in our industry. Ron has continually invested in his people, equipment, and the trade. Deciding to be part of that legacy for our team, allows them the opportunity to thrive.”
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