Kansas City, Missouri-based wire rope producer WireCo WorldGroup said Tuesday that it has purchased Pennsylvania-based manufacturer Phillystran Inc.
WireCo, formerly called Wire Rope Corp. of America, produces wire rope and other industrial steel wire products while Phillystran makes specialized, high tenacity fiber ropes and strands, with a manufacturing site in Montgomeryville, Pennsylvania as well as a sales office in Europe.
"The synergy of their technical expertise and our market reach provides us a great opportunity in this important market to offer the best solutions for our customers worldwide," WireCo chief executive Ira Glazer said in a statement.