GENERAL NEWS
Launch of EuroBLECH Digital Innovation Series 2021
“ Launching in April 2021 , EuroBLECH Digital Innovation Series 2021 will provide an essential marketplace and business platform for the international sheet metal working industry . It will deliver a set of targeted curated digital events and offer exhibitors the opportunity to introduce new products and machines as well as feature their latest developments and innovations ,” EuroBLECH organiser , Mack Brooks Exhibitions , told ISMR . It is urging the sheet metal industry to get involved and share its expertise with all participants .
An important part of the first EuroBLECH Digital Innovation event from 27-28 April 2021 will be a series of webinars , covering the main topic of forming technology ( including sheet metal products and materials , as well as tool technology ).
“ The aim is to address challenges and to provide fresh inspiration as well as ideas for boosting productivity and efficiency , increasing margins and presenting new technology solutions . Speakers will share up-to-the minute insight , knowledge and best practice , which attendees can take back and apply to their organisations . Presentations and talks will be in English and must provide clear actionable takeaways ,” explained the show organiser . “ The first digital event of the series will focus on everything related to forming technology . A series of webinars is planned for the two-day event . They will address challenges and provide fresh inspiration , ideas to boost productivity and efficiency , increase margins and present new technology solutions ,” it added .
EuroBLECH itself is the world ’ s largest leading sheet metal working technology exhibition . Taking place every two years in Hanover , Germany , the event covers the entire sheet metal working technology chain .
Visitors can register immediately for the EuroBLECH Digital Innovation Series . n
:// euroblechdigital . com
Merger creates sheet metal giant
Alpine 4 Holdings , Inc ., a leading operator and owner of small market businesses , has announced the combination of subsidiaries Deluxe Sheet Metal , Inc . ( Deluxe ) and Morris Sheet Metal Corporation ( Morris ) to become one of the largest sheet metal contractors in the Midwest region of the United States . Both companies will come under the Morris Sheet Metal brand . Deluxe and Morris are expected to be fully integrated by May 2021 .
“ This merger creates a more harmonious relationship between the two companies . The combining of resources empowers Morris to strengthen its brand through its strategic banking relationship , eliminate duplicative and competitive interests , and expand its footprint beyond the Indiana home base ,” said Alpine 4 Holdings .
Morris will now have over 100,000 square feet of production and office space and over 90 Union Sheet Metal Workers in South Bend , IN and Fort Wayne IN . Both locations put the company within two-three hours of Chicago , IL , Indianapolis , IN , Detroit and Grand Rapids , MI , Toledo and Columbus OH , and Milwaukee , WI .
“ The merger of Deluxe Sheet Metal and Morris Sheet Metal will have enormous implications for the Mechanical Contractor industry in the American Midwest . The merger will provide positive impacts for the customers and communities we serve . These impacts will range from ; better pricing and enhanced quality control , the latest in construction management technology and a well-capitalised parent company ready to dominate the Midwest sector ,” commented Kent B . Wilson , CEO of Alpine 4 .
“ This merger will allow us to leverage complementary strengths between the two companies . Deluxe Sheet Metal can trace
its roots back to the 1950s and is a go-to contractor for high-tech thermal management . Its customers range from the University of Notre Dame to GE and many other top-tier companies in the Midwest . The company recently built one of the largest crypto currency mining facilities in the Midwest , requiring precise thermal management .
“ Morris Sheet Metal is the preferred contractor for one of the largest hospital networks in Indiana . During 2020 and the COVID 19 epidemic , Morris was responsible for building hundreds of isolation rooms . The combined company anticipates the benefits of that merger to drop the General & Administrative expenses by almost 7 % in the first 12 months after the transaction . We also expect our gross profit margin to increase as our Material Cost of Goods will decrease by 5 % due to increased purchasing power . The combined companies should reach revenues of over US $ 50M , without major capital investments , within the next 36 months .”
Deluxe and Morris have a combined 70 years ’ experience in the HVAC , commercial and industrial sheet metal fabrication industry . n
6 | sheetmetalplus . com | ISMR April 2021