Mazzella Companies Acquires New Tech Machinery
Mazzella Companies has acquired New Tech Machinery (NTM) of Denver, Colorado. NTM is one of the leading manufacturers of portable roll-forming equipment. To date, it has sold machines in over 40 countries and manufactures roll-forming equipment for the metal construction industry.
“The reputation of their people and their portable roof panel and gutter machines is second to none,” said Tony Mazzella, CEO, Mazzella Companies.
This acquisition adds to Mazzella’s diverse company portfolio. “It will enhance Mazzella Companies’ international manufacturing capabilities and further solidify our position as a leader in the architectural metal roof and wall industries,” he added.
NTM is based in Denver, Colorado and has a manufacturing facility in Hermosillo, Mexico. It employs approximately 80 people between both locations and has been in business since 1991.
“They will continue to lead the portable roll-forming industry with the best equipment and continue to expand their offerings,” said Tony Mazzella.
Mazzella Companies employs more than 400 individuals in over 20 locations. It is one of the largest independently-owned companies in the overhead lifting and rigging industries.