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Inductotherm Industries, Inc. in Canadian RecycleXchange





Inductotherm Industries, Inc.
Inductotherm Industries, Inc. is the parent company of a unique family of engineering and technology-based companies representing more than 50 firms that serve diversified markets and industries worldwide with technologically sophisticated products and services. In all of these companies excellence in engineering is the key shared characteristic. Inductotherm Industries' world headquarters is located in Rancocas, New Jersey, a community located in the Philadelphia metropolitan area. With more than 3000 employees in the U.S., for a total of over 5000 worldwide, the company maintains a carefully structured corporate staff to provide administrative support to its highly diverse family of companies. Inductotherm Industries traces its roots to Inductotherm Corp. which began in 1953 when Hank and Betty Rowan used their total net worth from the sale of their home to finance the start-up. From this tiny beginning, Inductotherm Corp. was soon recognized as an innovative leader in the design and production of induction melting systems. At that time, the expense and other limitations of induction power put it beyond the reach of the many small foundries which had always been the backbone of the industry. Recognizing this, Inductotherm introduced advanced, yet economical induction power systems that brought this equipment within the range of foundries of all sizes. The furnace company soon expanded overseas to support foreign foundries in global markets. Today, Inductotherm Corp. is the world's leading and largest manufacturer of induction melting equipment, with more than 10,000 installations worldwide. The Inductotherm furnace group operates manufacturing plants in Australia, Belgium, Brazil, England, France, Germany, India, Japan, Korea, Mexico, Taiwan, and Turkey. By 1975, Inductotherm Corp. had grown to include19 companies around the world. At that time Inductotherm Industries was established to serve as a separate parent company for all of these firms and pursue other allied technologies. It has evolved to become a group of worldwide corporations. Inductoheat, Inc. joined Inductotherm as a small specialty induction heating equipment manufacturer and has grown to world leadership. Thermatool Corp., a fledgling company when it was acquired, is now the global leader in the pipe and tube welding industry. Consarc Corporation, originally an Inductotherm start-up, is now an international leader in vacuum induction and super alloy refining equipment. Many other companies in the group have become leaders in their own fields and many in special market niches. Inductotherm Industries will continue to grow by focusing on technological excellence and customer needs.

Inductotherm Industries, Inc.
Rancocas New Jersey
USA

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Thursday, 21-Feb-2019 06:04:31 EST
File No: 531