extrutec group, a global leader in industrial plant systems for the aluminum extrusion industry, announced a significant expansion in the North American market today. Through its subsidiary, extrutec North America, Inc., the company has acquired the assets of Induction Professionals, LLC, a highly respected provider of induction heating and melting equipment. This acquisition will lead to the formation of a new company, Induction Professional Solutions (IPS).

This strategic move strengthens extrutec's global footprint and expands its North American market portfolio. The acquisition combines extrutec's innovative and energy-efficient technology with Induction Professionals' extensive experience and strong regional presence. Induction Professional Solutions (IPS) will be located at the former Induction Professionals facility in Youngstown, Ohio, and will focus on providing advanced induction heating and melting systems. Building on the expertise and customer relationships of Induction Professionals, the new entity will also provide comprehensive service, repair, and upgrade solutions to customers across the region. Induction Professional Solutions (IPS) will operate as the North American counterpart to extrutec's German subsidiary, TCT Induktionstechnik GmbH, leveraging a shared commitment to advanced induction technology and customer support.

The acquisition is a testament to extrutec's commitment to the North American market as well as to continued innovation and growth in the industrial heating sector. By combining the strengths of both companies, Induction Professional Solutions (IPS) is poised to become a dominant force in the North American induction heating technology market.

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