Emko Capital has facilitated the recapitalization of Scotchman Industries and Steelmax Tools, resulting in the creation of SMX Industrial Solutions to enhance their product offerings and market capabilities in the metal fabrication industry.

Information on the Target

Emko Capital has announced the recapitalization of two prominent brands in the metal fabrication sector: Scotchman Industries and Steelmax Tools. This strategic move has resulted in the establishment of SMX Industrial Solutions, a new holding company designed to enhance the portfolio of industry-leading solutions offered by both brands.

Scotchman Industries, headquartered in Philip, SD, is a leading manufacturer specializing in hydraulic ironworkers, cold saws, and hydraulic presses. With a legacy spanning nearly 60 years, the company is lauded for its dedication to quality, innovation, and exceptional customer service. Steelmax Tools, with facilities in Colorado and Pennsylvania, provides a range of fabrication and welding mechanization products, including magnetic drilling machines and plate and pipe bevellers.

Industry Overview in the United States

The metal fabrication industry in the United States plays a crucial role in the overall manufacturing landscape, contributing significantly to national GDP a