ABP Induction and Pillar Induction Company have combined their operations into ABP Induction, LLC. Both companies are owned by CM Acquisitions, a Chicago-based investor. Pillar and ABP have been working closely together for the past two years since ABP Induction was formed through the acquisition of ABB’s Foundry Systems Business Unit in November 2005.
Pillar Induction, located in Brookfield, Wis., was founded in 1966 and developed the first solid-state power supply. ABP Induction, which has nine global locations, provides induction melting and heating systems and aftermarket services to foundries, forging operations and manufacturers worldwide.