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Engineered Machined Products (EMP), a Concentric AB company, won a contract for machined components in the U.S. from a global multinational customer, expected to deliver about one million USD in annual sales.
Swedish component maker Concentric AB acquired Engineered Machined Products Inc. (EMP) of Syosset, New York, a producer of electric and mechanical pumps, electric fans and thermal management systems, for approximately USD 147 million in cash.