{"id":10255,"date":"2020-01-09T13:49:36","date_gmt":"2020-01-09T17:49:36","guid":{"rendered":"https:\/\/nitrex.gxinteractive.com\/?p=10255"},"modified":"2021-03-20T13:51:40","modified_gmt":"2021-03-20T17:51:40","slug":"nitrex-acquired-g-m-enterprises","status":"publish","type":"post","link":"https:\/\/nitrex.gxinteractive.com\/en\/nitrex-acquired-g-m-enterprises\/","title":{"rendered":"Nitrex acquired G-M Enterprises"},"content":{"rendered":"<h4>Montreal, January 9, 2020 \u2013 On January 8, 2020, Nitrex, a <a href=\"https:\/\/www.novacap.ca\/en\/\" target=\"_blank\" rel=\"noopener noreferrer\">Novacap<\/a> portfolio company and the lead provider of fully integrated heat-treating solutions and technologies globally, acquired <a href=\"https:\/\/gmenterprises.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">G-M Enterprises<\/a>, a strong player in the vacuum furnaces market, headquartered in Corona, California.<\/h4>\n<section class=\"av_textblock_section \">\n<div class=\"avia_textblock \">\n<p>The acquisition is in line with Nitrex\u2019 strategy to further expand its integrated heat treatment solutions offer to customers while strengthening its products portfolio. For the past 30 years, G-M Enterprises has earned the reputation as a leading technological supplier of vacuum furnaces solving challenges for customers in the aerospace, power generation, energy, MIM sintering, and commercial heat-treating industries. The acquisition represents a great fit with Nitrex, as both share the same goal of providing technologies that improve customer workflow and efficiency while maximizing the life span and quality of engineered parts and components.<\/p>\n<p>\u201cThis acquisition will allow Nitrex to bolster its turnkey solutions business by bringing a new, innovative and broader mix of heat treatment systems to our customers,\u201d said Jean-Francois Cloutier, Nitrex CEO.<br \/>\n\u201cG-M Enterprises is a strong performer in the vacuum furnaces market. The company has an outstanding growth opportunity and under Nitrex, we will build on that potential even further, using our global customer base and service footprint. We also look forward to welcoming the entire G-M Enterprises\u2019 team into the Nitrex family,\u201d continued Jean-Francois Cloutier.<\/p>\n<p>\u201cAt G-M Enterprises, we are always looking for new ways to provide customers with the best services and product offerings. Joining forces with Nitrex and becoming part of its family of companies will ensure we keep pace with our customers\u2019 evolving needs and expectations,\u201d says Suresh Jhawar, G-M Enterprises President. \u201cWhat this means for the future of G-M Enterprises is an opportunity to enhance our products and services, expand our international presence further by leveraging the resources, expertise, and capital of Nitrex. These advancements will deliver more value to our customers for years to come,\u201d added Suresh Jhawar.<\/p>\n<p><strong>NITREX<br \/>\nMASTERING STRENGTH. WORLDWIDE.<\/strong><\/p>\n<p>###<\/p>\n<p>ABOUT NITREX:<br \/>\nNitrex (<a href=\"https:\/\/www.nitrex.com\/\" target=\"_blank\" rel=\"noopener\">www.nitrex.com<\/a>; <a href=\"https:\/\/www.group-upc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.group-upc.com<\/a>) is the lead provider of fully integrated heat-treating solutions and technologies globally. The company was founded in 1984 in Montreal, Canada and operates three business units \u2013 Nitrex Turnkey System (NTS) a leader of turnkey nitriding and nitrocarburizing systems; Heat Treating Services (HTS) a worldwide network of commercial heat-treating service centers; and UPC, a leading provider of controls upgrade and automation solutions for heat treating and combustion. Nitrex serves its customers globally from 14 locations across the United States, Canada, Mexico, Brazil, Germany, Poland, Italy, France, China, Japan and through a global network of representatives and licensees.<\/p>\n<\/div>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-10257\" src=\"https:\/\/nitrex.gxinteractive.com\/wp-content\/uploads\/2021\/03\/PRES160-700x500-1-1-300x214.jpg\" alt=\"\" width=\"300\" height=\"214\" srcset=\"https:\/\/nitrex.gxinteractive.com\/wp-content\/uploads\/2021\/03\/PRES160-700x500-1-1-300x214.jpg 300w, https:\/\/nitrex.gxinteractive.com\/wp-content\/uploads\/2021\/03\/PRES160-700x500-1-1-600x429.jpg 600w, https:\/\/nitrex.gxinteractive.com\/wp-content\/uploads\/2021\/03\/PRES160-700x500-1-1.jpg 700w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Pictured in the photo from left to right are: Mrs. Veena Jhawar, G-M Enterprises COO;<br \/>\nMr. Jean-Fran\u00e7ois Cloutier, Nitrex CEO; Mr. Suresh Jhawar, G-M Enterprises President<\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Montreal, January 9, 2020 \u2013 On January 8, 2020, Nitrex, a Novacap portfolio company and the lead provider of fully integrated heat-treating solutions and technologies globally, acquired G-M Enterprises, a strong player in the vacuum furnaces market, headquartered in Corona, California. The acquisition is in line with Nitrex\u2019 strategy to further expand its integrated heat [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":10257,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[1],"tags":[],"new_scheduled_revision":null,"save_as_revision":null,"jetpack_featured_media_url":"https:\/\/nitrex.gxinteractive.com\/wp-content\/uploads\/2021\/03\/PRES160-700x500-1-1.jpg","_links":{"self":[{"href":"https:\/\/nitrex.gxinteractive.com\/en\/wp-json\/wp\/v2\/posts\/10255"}],"collection":[{"href":"https:\/\/nitrex.gxinteractive.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nitrex.gxinteractive.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nitrex.gxinteractive.com\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/nitrex.gxinteractive.com\/en\/wp-json\/wp\/v2\/comments?post=10255"}],"version-history":[{"count":1,"href":"https:\/\/nitrex.gxinteractive.com\/en\/wp-json\/wp\/v2\/posts\/10255\/revisions"}],"predecessor-version":[{"id":10259,"href":"https:\/\/nitrex.gxinteractive.com\/en\/wp-json\/wp\/v2\/posts\/10255\/revisions\/10259"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nitrex.gxinteractive.com\/en\/wp-json\/wp\/v2\/media\/10257"}],"wp:attachment":[{"href":"https:\/\/nitrex.gxinteractive.com\/en\/wp-json\/wp\/v2\/media?parent=10255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nitrex.gxinteractive.com\/en\/wp-json\/wp\/v2\/categories?post=10255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nitrex.gxinteractive.com\/en\/wp-json\/wp\/v2\/tags?post=10255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}