Pine Bluff, AR – Central Moloney, Inc. (CMI) announced today the acquisition of Superior Tool, Inc. of Redfield, Arkansas.
Superior Tool, which began in 1996, operates in Redfield in a 10,000 square foot facility and provides highly specialized tool and die making expertise and equipment across a wide variety of businesses.
CMI President/CEO Chris Hart can’t contain his excitement about this new venture. “We don’t view this as an acquisition. Our position is that we are adding to the already impressive CMI family,” Mr. Hart said. “Bringing Jason Burnside and the team at Superior to CMI only strengthens our position of commitment to providing the highest value to our existing customer base. It also allows us to contribute to, but not radicalize, the stellar reputation previously earned by our new tooling division.”
Hart also expressed his pleasure that Superior’s founder, Jason Burnside, will now be joining the CMI Executive Team as Vice President and General Manager of Tooling Operations.
About CMI: Central Moloney, Inc. is an ISO 9001 certified company operating in two facilities in Pine Bluff, Arkansas. The Central Moloney, Inc. story began in 1949 and has grown into an operation with 550 team members in two facilities that manufacture the world’s finest transformers and components products.