Gibraltar Purchases Copper Powder Assets of SCM Metal Products
June 8, 2004
Gibraltar (Buffalo, N.Y.) acquired the assets of the Copper Powder Division of SCM Metal Products Inc. (Raleigh, N.C.), a manufacturer of powdered metal products for more than 70 years. SCM's products are used in applications including automotive parts (climate control, fuel rails and torque converters for automatic transmissions), industrial parts such as bearings and fasteners, and specialty products that serve as brazing materials. Gibraltar reports that the management team of SCM will stay with the company.