April 3, 2018 Chris McCarthy

RAMCO SPECIALTIES INC ACQUIRES MACHINING COMPANY IN SOUTH LYON MICHIGAN — COPA TOOL, INC.

April 3, 2018 — Hudson, Ohio.  Ramco Specialties, Inc., is excited to announce it has acquired Copa Tool, Inc., a precision machining company.  Copa manufactures high volume precision components supporting the automotive markets specializing in powertrain applications.

Ramco’s acquisition of Copa Tool, Inc. fits perfectly into the strategic vision of Ramco’s current and future business model as an engineered solutions service provider to North American Automotive markets. Copa’s expertise in precision manufactured assembled components will greatly expand Ramco’s domestic manufacturing capabilities.  Copa is located in the automotive hot-bed of Greater Detroit, making it a positive logistical addition to Ramco’s domestic supply chain network.

“Copa’s manufacturing capabilities coupled with Ramco’s global engineering expertise was the key synergy with this acquisition.  Our product development engineers are very excited to be able to offer domestically manufactured engineered assemblies and components quickly to our Tier 1 automotive customers,” said Jeff Melick, Ramco’s Director of Sales & Marketing.

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Ramco Specialties, Inc., is a Tier 1 supplier to the North American Automotive Market, with additional locations in Europe and Mexico.  Ramco specializes in internally threaded fasteners, engineered assemblies, and stampings. Ramco is privately held and has been headquartered in Hudson, Ohio, since 1977.  More information can be found at www.ramconut.com.

COPA Tool Inc. is a Tier 1 automotive supplier servicing the North American Automotive Market, located in South Lyon, MI.  Copa specializes in manufacturing and machining Powertrain Components like transmission tubes and fluid control mechanisms.  The company was founded by Tim Turman in 1978.