Acquiring Utitec, Cadence now offers deep drawn components

06 Nov.,2023

 

Deep draw capabilities provide a manufacturing solution at a lower cost than conventional machined parts due to reduced labor and high-volume throughput, supplying highly engineered miniature, and ultra-miniature metal components that strongly align with Cadence’s current service offerings.

Brown Gibbons Lang & Company served as the exclusive financial advisor in the transaction of the sale.

Cadence now employs over 700 people worldwide with its corporate headquarters in Staunton, Virginia and additional locations in Connecticut, Pennsylvania, Rhode Island, Wisconsin, and Costa Rica

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