Schwartz & Co. is pleased to announce that National Bronze Manufacturing (“National Bronze”) has been acquired by Hummock Industries (“Hummock”). Terms of the transaction were not disclosed. Schwartz & Co. acted as the exclusive investment banking advisor to National Bronze in this transaction.
As one of Detroit’s oldest companies, National Bronze has an unmatched expertise in precision machined bronze bearings and bushings manufacturing as well as copper alloy distribution. Utilizing its digital marketing program, National Bronze serves customers in all 50 states and worldwide.
Established in 1911, National Bronze is one of the largest manufacturers of bronze bushings, bearings and other industrial precision components. The Company is also a full metal service center supplying bronze, brass, copper bar stock and finished products to manufacturers worldwide. The Company is based in Roseville, Michigan.
Hummock Industries is a family-owned holding company focused on long-term investments in North American based manufacturing. Heyco Metals, Inc., a portfolio company of Hummock, manufacturers copper and copper ally strips. The Company is based in Reading, Pennsylvania.