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FOR IMMEDIATE RELEASE |
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Accudynamics, LLC acquires TAM Metal Products |
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Mahwah, New Jersey September 30, 2024 – Makers Forward, LLC portfolio company Accudynamics, LLC, acquires TAM Metal Products a.k.a. TAM Precision, LLC. As a subsidiary and part of the Accudynamics Group, TAM will continue to provide premium quality sheet metal enclosures, machining, assemblies, and development of custom products for aerospace, defense, military suppliers, medical product manufacturers, and other commercial industries. The acquisition provides customers, employees and management continuation as TAM employees while becoming a part of the Makers Forward, LLC family of companies providing additional resources, capacity and opportunities. TAM Metal Products was founded in 1958 and is based in Mahwah, New Jersey. After decades of growth and expansion, TAM developed into a leading supplier of sheet metal and machined enclosures, precision components and assemblies, to some of the nation’s premier manufacturers in various industrial markets. TAM has produced the most demanding and complex jobs, start to finish, with quality assurance that has garnered respect industry-wide. As a “Certified Supplier” with many International Aerospace, Defense and Telecommunication Corporations, TAM provides many “Dock to Stock” programs. TAM operates from a 55,000 square foot facility in Mahwah, New Jersey, that is focused on delivering high quality, on time deliveries, and at a superior value. TAM is an ISO 9001/AS9100 certified business with special process NADCAP Certification for welding and plating with the capacity to grow. TAM will continue to focus on process improvement, cost-reduction programming, and providing exceptional quality, to drive the business. “Accudynamics is excited to partner with Mark Cariddi, Jason Cariddi, and the entire TAM team to address the sheet metal enclosures, machined products and assemblies’ market together with the Accudynamics Group of companies. “TAM’s capabilities, especially sheet metal enclosures and assemblies, will strengthen and grow the offerings available to Accudynamics, DCG, & Star Glo customers,” said Accudynamics President Michael McKenna. “The Accudynamics Group has a world-class engineering team, and TAM has a rich history of providing highly engineered products to some of the top aerospace, defense, and medical manufacturers in North America. We are eager to invest in expanding TAM’s capability and capacity to deliver value to both TAM and existing Accu Group customer base.” said Makers Forward Chief Executive Officer Sean M Quinn. “The entire TAM team has been very impressed with the knowledge and expertise at Accudynamics. We are excited to combine that with our almost 65-year history. Being part of Accu Group will improve our customer’s successes for the next 65 years,” said Mark Cariddi, President of TAM Precision, LLC. TAM Metal Products/TAM Precision, LLC Accudynamics, LLC Makers Forward, LLC About Accudynamics, LLC: Accudynamics, LLC is a high precision manufacturing solutions provider for machining, assembly, design for manufacturing, and cost reduction projects, based in Lakeville, Massachusetts. Accudynamics serves customers in the medical, defense, industrial, and other commercial industries. About Makers Forward, LLC: Makers Forward, LLC is an investment company focused on middle market North American manufacturing businesses. Our investment objective is to make long term investments in companies that can grow and improve operating efficiency. We partner with management teams that we can work well with to develop people, strategy, and innovations. |
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