ParkOhio completes acquisition of Erie Press Systems

ParkOhio, a leading provider of supply chain management services and highly-engineered manufactured products, announced today that it has completed the previously announced acquisition of EFCO, Inc. d/b/a Erie Press Systems (Erie Press), headquartered in Erie, Pennsylvania. Erie Press is an industry recognized leader in the manufacturing of advanced forging presses, hydraulic and mechanical presses, and metal stretch-forming and carbon extrusion machines for several end markets, including aerospace and defense, primary metals and high-speed rail.

ParkOhio is a diversified international company providing world-class customers with a supply chain management outsourcing service, capital equipment used on their production lines, and manufactured components used to assemble their products. Headquartered in Cleveland, Ohio, ParkOhio operates more than 125 manufacturing sites and supply chain logistics facilities worldwide, through three reportable segments: Supply Technologies, Assembly Components and Engineered Products.