MARATHON, N.Y. — Square Deal Machining Inc. (SDMI) — a metal fabrication and machining company based in Marathon — announced it has acquired Kurtz Truck Equipment, a truck equipment and fabrication company, also of Marathon in southern Cortland County.
SDMI says the deal allows it to expand its business operations. The firm officially announced the acquisition on Feb. 1. The transaction closed the same day, SDMI tells CNYBJ in an email.
To expand production and continue to provide machining and fabrication services with “faster processing times,” SDMI company leaders decided to buy another local fabrication company.
(Sponsored)
10 Reasons Your Business Needs Cyber Insurance
1. Cyber crime is the fastest growing crime in the world, but most attacks are not covered by standard property or crime insurance policies. New crimes are emerging every day.
Are You Ready for the Pay Transparency Law?
Following the lead of New York City and other state and local jurisdictions, New York State’s pay transparency law will be effective September 17, 2023. The law ushers in a
Under the acquisition agreement, Kurtz Truck Equipment will operate under the same business structure, and all 25 employees “will operate separately from SDMI.”
Kurtz Truck Equipment is known for fabricating propane trucks, crane trucks, and dump bodies. The firm is also known for using “top-performing and cutting-edge” truck equipment in the industry, according to a company news release.
“After getting to know the team at SDMI, it became clear that they were the perfect partner to expand with to provide the same high-quality service and technologies to our customer base that encompasses seven states and multiple markets,” Roger Smith, general manager and VP of Kurtz Truck Equipment, said in the release.
Established in 1963 as Kurtz Welding Inc., it functioned as a builder and fabricator of new and refurbished fire apparatus, specialty welding, and custom fabrications. In April 2007, Kurtz Welding changed its name to Kurtz Truck Equipment to better reflect the types of fabrication lines available.
SDMI, which began as a one-room machine shop, has grown into a 300,000-square-foot machining facility that offers fabrication, machining, and welding capabilities and employs more than 150 people.
