Horizon Metals Inc. in Nephi, Utah, was acquired by Victaulic, the world’s leading manufacturer of mechanical pipe joining, fire protection, and flow control solutions.
The acquisition contributes to the company’s growth in the infrastructure and waterworks markets by increasing capacity for large-diameter piping solutions, and it is consistent with the company’s strategy of manufacturing these products in the United States.
Victaulic continues to show its commitment to meeting the growing needs of its North American customers by expanding its foundry and manufacturing capacity. Since 2011, Victaulic has added over 1.4 million square feet of foundry and manufacturing capacity in North America through this acquisition.
A key component of Victaulic’s business strategy has always been to produce products close to our customers. The acquisition of Horizon Metals, like our acquisition of Tennessee Metal Fabricating last year, demonstrates our ongoing commitment to this strategy by expanding our growth and service capabilities to our valued North American customers. With this acquisition, Horizon Metals becomes Victaulic’s fifth foundry in North America and its fourth in the United States. said Rick Bucher, President and CEO of Victaulic.