Morgan Engineering Acquires Girard Machine
ALLIANCE, Ohio – Morgan Engineering has acquired the assets of Girard Machine Co., a 77-year-old heavy fabrication and machining company at 700 Dot St. here, Morgan Engineering announced in a news release.
Morgan, based in Alliance, has retained all of Girard Machine’s employees, including its two former owners, Tom and Mark Malito, the company said. The two will serve as general managers of the facility, which will be re-named Morgan Manufacturing Plant No .3.
“Girard Machine has been a reliable supplier to Morgan for many years, delivering the quality that Morgan and our customers demand,” said Mark Fedor, CEO of Morgan. “Our values and processes are aligned, so it makes sense for us to bring our organizations together and build new opportunities for growth.”
The Malito’s grandfather, Dominic Malito, started Girard Machine in 1946 with Guy Chuirazzi.
“We are pleased that our family legacy will continue in Girard through Morgan,” said Tom Malito. “Our employees are brought into a well-run, reputable company that has a track record for growth. We are excited to see where the company goes next.”
The Girard location is a custom fabrication operation and features more than 120,000 square- feet of industrial workspace.
The acquisition of Girard Machine expands Morgan’s production capacity by 35% and will help the company control lead times within its supply chain because it can produce more parts in-house.
“In addition to production growth, we look forward to reaching new team members in the region who would not have considered Morgan due to the distance,” said Fedor. “We believe this facility will continue to grow in line with the company’s trajectory of consistent advancement. We will acquire some new customers right away and we expect to attract more.”
Copyright 2024 The Business Journal, Youngstown, Ohio.