Momentum Manufacturing Acquires H&M Metals
By Metal Center News Staff
on Apr 12, 2021
Momentum Manufacturing Group, one of the 10 largest specialty metal manufacturers in North America, has acquired H&M Metals in Amherst, N.H. The move adds 100,000 square feet of manufacturing capacity and nearly 100 skilled team members to support Momentum's continued growth.
"Coming out of a challenging 2020 in the manufacturing sector, we are experiencing very strong and steady growth with more opportunities on the horizon," said Jim Moroney, CEO of Momentum Manufacturing Group. "We are excited to welcome the seasoned staff from H&M Metals to our team, their knowledge, capabilities and operating approach will seamlessly transition into Momentum."
Momentum has recently invested over $2 million to expand manufacturing operations at its corporate headquarters in Georgetown, Mass., and a $12 million investment in a new 8-inch aluminum extrusion press in Franklin, N.H., to nearly double its current extrusion capacity.
H&M Metals, has operated in Amherst since 1972, providing extensive sheet metal fabrication and value-added services and assembly to a wide variety of customers in the Northeast region. Similar to Momentum Manufacturing Group, H&M's leadership team has invested in automation and technology to support operations.