Alpha Precision Group Acquires Mercury Manufacturing Co.

Alpha Precision Group Acquires Mercury Manufacturing Co.

With this acquisition, Alpha Precision Group enhances its presence in the emission control, variable valve timing and variable cam timing segments.

Alpha Precision Group (APG) announced its acquisition of Mercury Manufacturing Co. (MMC) headquartered in Wyandotte, Michigan. With this acquisition, Alpha Precision Group enhances its presence in the emission control, variable valve timing (VVT) and variable cam timing (VCT) segments while gaining access to new markets currently served by MMC.

Founded in 1964, MMC has developed superior expertise and established a niche position in the manufacture of specialty valves and mechanical assemblies for the automotive, heavy truck, and HVAC/refrigeration markets. MMC’s turning, machining and automated assembly capabilities complement APG’s existing powder metal and metal injection molded product and process offerings.

JoAnne Ryan, CEO, Alpha Precision Group, said, “MMC is very highly regarded by its key customers in the engine timing segment where APG also has a strong presence. We are excited to add Mercury’s capabilities to our VVT/VCT and high-temperature stainless steel technology and expertise. We believe that the combined organization will create exciting growth opportunities as we continue to scale our business.”

Janice Wiegand, president of MMC, said, “We found an excellent strategic partner with APG, and believe that the combination will create exciting opportunities for the future as we leverage APG’s impressive technology, engineering, product and process infrastructure.”

Jay Hansen, managing partner of O2 Investment Partners, added, “After working closely with the talented management teams at both APG and MMC, we are excited about the future for the organization. The strategic fit and talents of the two businesses make this a compelling business combination that will enhance both APG’s and MMC’s ability to serve customers.”

MMC has been rebranded as “APG – Specialty Valve and Machined Products” following the acquisition and now operates as a subsidiary of APG.

You May Also Like

PACCAR Achieves Record Annual Revenues, Net Income

PACCAR Parts reported a record annual pre-tax income of $1.7 billion and revenues of $6.41 billion.


PACCAR announced a significant increase in annual revenues and net income for 2023 in its Q4 2023 report. According to CEO Preston Feight, this achievement is attributed to record deliveries of DAF, Peterbilt, and Kenworth trucks, combined with robust performance in the truck, parts, and financial services sectors.

Feight emphasized the company's commitment to producing electric batteries, aligning with operational and environmental goals. The fourth quarter of 2023 saw PACCAR generating $9.08 billion in revenues, a considerable increase from $8.13 billion in the same period of 2022. The net income for the quarter stood at $1.42 billion, a 54% rise compared to the previous year. Overall, the company recorded revenues of $35.13 billion for the year, up from $28.82 billion in 2022. Net income for 2023 was $4.6 billion, including a $446.4 million charge related to civil litigation in Europe. Excluding this charge, the adjusted net income was $5.05 billion.

Continental Unveils Strategy for Enhanced Value Creation

Continental is focusing on business areas with high growth potential, including making its UX business organizationally independent.

AutoZone Q1 Domestic Same Store Sales Increase 1.2%

The company’s same-store sales showed a 25.1% jump internationally.

Advance Looks to Spin Off Worldpac, Canadian Business

Advance is taking steps to improve its cost structure and return the business to profitable growth, company executives said.

Advance auto parts store
GPC Reports Q3 Results, Updates Full-Year Outlook

Paul Donahue, chairman and CEO, said GPC’s Q3 was highlighted by double-digit earnings growth.

Other Posts

AutoZone Reports 6% Increase in Fiscal Q4 Sales

Domestic same-store sales for the fourth quarter, which ended Aug. 26, were up 1.7%.

Donaldson Reports Q4 Earnings, Record FY 2023

The company’s aftermarket sales are projected to increase by mid-single digits, the company said.

Advance Auto Parts Reports Q2 Results

Advance said it is steadily seeing an improvement in top line sales and transactions as it plans for an operational review.

Valvoline Reports Strong Same-Store Sales Growth in Q3

Valvoline outgoing CEO Sam Mitchell said the company continues to demonstrate resiliency in its Q3 financial report.