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AmeriCast Acquires A.G. Anderson Ltd.

Atchison, KS (USA) - AmeriCast Technologies announced today it has completed the purchase of A.G. Anderson Ltd. Based in London, Ontario, Canada, A.G. Anderson is a respected source for patterns, high integrity ferrous castings and machined components. The hallmark of Anderson's success is delivering reliable engineered components on time with superior service and exceptional value.

"We are very pleased and excited that AG Anderson has joined our team. Anderson brings to AmeriCast added capability and capacity to provide finished cast components to our customers. There are very clear synergies with Anderson and our existing machining operations at London Precision Machining that will benefit our customers," said Tom Armstrong, CEO, of AmeriCast. "This acquisition, similar to Atlas Castings and Technology last year, further strengthens and expands AmeriCast's position as one of North America's premier value-added, steel casting and machining suppliers while diversifying and expanding our market place opportunities."

David Anderson, President of A.G. Anderson Ltd., added, "These are exciting times. There are a lot of synergies between our different business units, and we at Anderson's look forward to building on those and strengthening our position as leading supplier of complex, finished machined castings."

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