From now on, the facility will do business as NetShape Technologies, Inc.

“We are very excited to add the Rockwood facility to the NetShape team,” said Dax Whitehouse, CEO of NetShape. “This acquisition adds significant technology and capabilities to NetShape, further expanding our addressable applications in the market and supporting our goal of being the leader in innovative customer solutions.”

Loren Bone, former general manager of Capstan Tennessee has assumed the role of director of operations for NetShape Rockwood.

With this acquisition, NetShape plans to broaden its offering of metal components and improve its organizational talent to continue its growth objectives. The Rockwood, Tennessee facility, which is ISO 9001 registered is a provider of off-highway equipment, which is strategically important to NetShape.