Electrical Parts Worldwide Acquires Manufacturing Source Team Inc.

ST. LOUIS & NORWOOD, Mass.–(Business enterprise WIRE)–Electrical Factors Global, Inc. (“ECI”), a top world supplier of electrical distribution devices, manage box assemblies, and other critical engineered components for diversified markets, these days announced the acquisition of Producing Source Group Inc. (“MRG”).

Started in 1988, MRG is a world-wide leader in electro-mechanical devices and electrical distribution units. The business delivers specialised producing and in-household engineering solutions for clients serving key industrial tech conclude marketplaces, which includes warehouse automation, defense, robotics, health care, and semiconductors. MRG will keep on to be led by the present-day management workforce, and maintain its headquarters in Norwood, Massachusetts and its facility in Tecate, Mexico.

“Businesses across sectors are investing in warehouse automation technologies to enhance processes and meet accelerated e-commerce demand from customers,” explained Mike Balsei, Chief Government Officer of ECI. “MRG is a demonstrated chief in the automation current market with refined capabilities and longstanding shopper interactions. This partnership will allow MRG to benefit from ECI’s infrastructure and aligns with our system of enlargement in high-expansion segments. We’re thrilled to welcome the MRG crew to our ECI family members as we carry on to construct on our dependable name throughout the globe.”

Bob Marotto, proprietor of MRG, commented, “We’re exceptionally proud of the business we have constructed over the previous 25 a long time and similarly psyched for this up coming phase of growth. ECI is a like-minded companion with a shared determination to unmatched high quality and exceptional company. As part of a world-wide leader, we’ll be in a position to deepen and develop our capabilities to be an even much better partner to our shoppers.”

ECI is a portfolio business of Cerberus Money Administration, L.P., a world chief in choice investing.

About ECI

Founded in 1953, Electrical Elements International (ECI) is just one of the world’s main suppliers of electrical distribution devices, management box assemblies, and other crucial engineered elements for diversified markets. With 25,000 staff and 37 world-wide manufacturing locations, ECI is the trustworthy husband or wife to market place leaders with 500+ clients. At ECI, we electrical power clever, connected, and electrified remedies that allow the most superior technologies to solve the most complex issues. For a lot more details about ECI, check out www.ecintl.com.

About MRG

Dependent in Norwood, Massachusetts, Production Source Group Inc. (MRG) is a leader in electro-mechanical and cable assembly manufacturing. Because its founding in 1988, MRG has become a dependable service provider of cable and electro-mechanical assemblies which includes, battery cable, multi conductor, din rail assembly, enthusiast trays, and box develop products. For much more details about MRG, stop by www.mrg-inc.com.