In our continued efforts to strengthen our company strategically and also to lay the foundation for growth, we are excited to report that on Friday January 2nd, 2018 Pangeo Group has made a significant investment in Karl Scharrenbroich giving Pangeo ownership of the company. Effective immediately, Scharrenbroich becomes part of the Pangeo Group Headquartered in Oldcastle, Ontario just outside of Windsor.
Pangeo Group is truly global with manufacturing operations in the U.S., Europe, China and Canada. With excellent transfer of product development and manufacturing technology for Powertrain, Transmission, Chassis and BIW through Pangeo Corporation as well as high precision Fine-Blanking, Stamping, Grinding, Mechanical Treatment, Heat Treatment through Scharrenbroich.
Like Pangeo, Scharrenbroich offers customized products meeting the industries toughest requirements in terms of tolerance ranges, degrees of hardening, surface characters and resilience. Products used in gearboxes, axles, steering parts, latches, clutches and pumps. A full service supplier focused on innovation, flexibility and decreased time to deliver.
Pangeo Group is proud to be a state of the art global automotive supplier committed to delivering everything our customers need. So we want to take this opportunity to welcome Scharrenbroich as a new division of Pangeo Group.