A Byron Center-based manufacturing group acquired the gaming machine integration division of Turnkey Fabrication in Grand Rapids.
TG Integration LLC, the newly formed division of TG Manufacturing Group (TGM), said it acquired the Turnkey division and will use it to manufacture complete integrated gaming machine assemblies.
Terms of the deal were not disclosed.
The acquisition completes a vertical integration strategy in the gaming machine manufacturing sector that TGM began last year with the acquisitions of Turnkey Fabrication’s metal fabrication division and A2Z Powder Coating.
“The addition of TG Integration consummates the gaming machine production vertical for TGM,” said Rich Achtenberg, CEO of TGM. “Gaming machine production is an exciting sector to be in with tremendous growth potential globally.”
Turnkey’s gaming machine integration division operates out of a 20,000-square-foot facility at 739 Cottage Grove SE in Grand Rapids. The company currently supplies multiple blue-chip gaming sector customers throughout North America.
TG Integration will carry forward the operations and employees at the TG Integration facility.
“Adding electronics and electromechanical assembly into TGM’s process portfolio within the gaming production division is exciting,” said Kevin Kyle, COO of TGM.
TG Integration’s gaming machine assembly operation will be TGM’s sixth in North America.
Founded in 2007 by Achtenberg, TG Manufacturing is a diversified group of manufacturing companies that serves customers in several industries: aerospace, automotive, material handling, furniture, appliances, renewable energy and construction.
Its portfolio companies include Dorr Industries, AIM Industries, Dorr Industries Outdoor Products, Craft Steel, Tupelo Tool & Die, TGM Coating and Turnkey Fabrication.
TGM is a division of Tiger Industrial Systems, a holding company that includes manufacturing, industrial land development and logistics businesses.