EMPORIUM, PA – Locally owned Keystone Automatic Technology Inc. announced today that it has been acquired by Wellsboro PA based MetalKraft Industries Inc.
Officials from both companies proudly report that the newly formed Keystone Automatic Technologies Inc. will continue to support the local community by keeping all employees and manufacturing at the 1 South Maple Street location.
The acquisition will provide KAT with the financial strength and leadership required to expand on a strong industry presence and make future investments into processes and equipment which will better serve the combined customers base.
About Keystone Automatic Technology Inc.
Keystone Automatic Technology is a manufacturer of metal parts made from wire, bar and strip. KAT ships to customers both nationally and internationally. KAT was formed in 1978. In 1985 the operation moved to its current location at 1 South Maple Street. Today, KAT employs more than 30 full-time employees and proudly maintains the ISO-9001:2008 Quality Registration.
Mr. Al Barry and Dr. Charles Blumle were motivated to sell as a solid succession plan for the employees of KAT, and the Emporium community at large.