May - The Monty Heat Treat News

Maintenance Supervisor: This is the lowest compensated position in a Heat
Treat, other than a basic furnace operator, but the case could be made that it is the
most important. Without a good preventative maintenance plan and good repair
capability when Furnaces go down, a commercial Heat Treater is out of business.
Generally, they are non-degreed folks who have worked their way up from an
hourly position on the floor and thus, it is difficult, perception-wise, to pay them at
a level equal to other key players. These folks make anywhere from 50K on up but
good ones are priceless to a commercial Heat Treat.
As always, I welcome your comments at jamesm@ispards.com or (619) 465-9621.
Jim McNeal is in his 20th year of recruiting in the Thermal Processing
Industry and since 1998, has been the Managing Recruiter of International
Search Partners in La Mesa, CA. In his “spare time”, Jim is a Naval
Reservist and has recently been recalled to Active Duty for a four month
deployment to the Middle East. And, in February, it was announced that the
President has nominated him for an appointment as a Rear Admiral.
LOI Thermprocess GmbH/Metall Technologie Holding Group (MTH). In the
world of European heat treating this news items ranks as a major announcement. It
would appear that LOI (who we think of mainly for thermal processing equipment in
the steel industry) has acquired MTH a group of new furnace builders largely based
in Europe. MTH includes B.M.I. Fours Industriels, Shanghai Huisen-MTH Industrial
Furnaces Co. Ltd., IVA Industrieöfen GmbH, MAHLER GmbH Industrieofenbau, RIVA
Sp. z.o.o. and SCHMETZ GmbH Vakuumöfen and when combined the group is one
of the largest furnace builders in the world. To see how MTH compares in size to
other European furnace builders we would suggest
http://www.themonty.com/largesteuropeanfurnacebuilders.htm April 23/2013
"Today, April 22/2013 LOI Thermprocess GmbH, a Tenova subsidiary company,
announced the acquisition of Metall Technologie Holding Group (MTH), from
European Capital S.A. SICAR, an affiliate of American Capital Ltd. Completion of the
acquisition is subject to approval by the relevant antitrust authorities. Tenova is a
part of Techint, the privately held Italian headquartered industrial group. MTH is a
leading international provider of industrial heat treatment technology and
aftermarket services for heat treatment equipment utilised to treat finished metal
components primarily in the aerospace, heat treatment, automotive and machine
tooling industries. MTH is headquartered in Menden, Germany. Baird served as the
exclusive financial advisor to European Capital in the sale of the business. The Baird
team was led by Joachim Beickler, Managing Director, in Frankfurt and by Vinay
Ghai, Managing Director, in London, with assistance from colleagues in the US and
Asia. The successful completion of the deal underscores the value of Baird
Investment Banking’s global platform, which uses a fully integrated, international
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