TORonTO – Exco Technologies Limited, a Markham-based company, has completed its acquisition of BE & H Extrusion Dies, an extrusion die manufacturer located in Wylie Texas.

The transaction was an asset purchase for cash consideration of approximately $1.5 million.  BE & H services the south-central region of the U.S. and will be operated as Exco Texas.

It is anticipated the acquisition will increase Excos group sales by approximately five per cent. The operating results are expected to be accretive in the first year of operation.

Exco currently services the North American extrusion tooling market, including a number of automotive industries, from their Markham, ontario plant and one in Chesterfield Michigan.  The addition of a Texas-based operation will help meet the resurgent demand for extrusion dies as the manufacturing sector continues its recovery.