Four US-based industrial manufacturing companies in partnership with Lorraine Capital have combined to form Caldera Manufacturing Group, a metal manufacturing company, that will be headquartered in Reading.
The companies are Fairlawn Tool, Laser Specialties, Summit Steel & Manufacturing, and Summit Storage Solutions. They will operate normally while Caldera Manufacturing Group will grow a network of facilities and capabilities, and upgrade equipment and processes.
Caldera Manufacturing Group will offer 2D sheet laser cutting, 3D tube laser cutting, bending and forming, centerless grinding, CNC turning and milling, manual and robotic welding, stamping, tubular bending, turret punching, batch and automated powder coating, and value-added assembly. It will serve a variety of industries including aerospace, agricultural equipment, automotive, consumer products, construction, conventional and alternative energy, entertainment, military/defense, and recreational vehicles.
Mark Jurman will serve as CEO. He will be tasked with Caldera Manufacturing Group’s overall operations, and establishing company goals and strategic direction.
“I’m eager to step into this leadership role as Caldera Manufacturing Group forges its path in the industry,” Jurman said. “I look forward to driving the new company forward from its infancy, meeting – and exceeding – the needs and expectations of our current and future customers.”
The leadership team will include Steve Mitchell as COO and Christine Staub as CFO.