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Oberg Sells Mexico Stamping Facility

1/12/2015

Oberg Industries Inc. announced the selling of its Oberg Mexico plant, located in Tecate, Mexico, to one of its customers – Allegion. Terms of the sale were not disclosed.

David Bonvenuto, President and CEO of Oberg Industries Inc. commented, “The facility in Mexico was predominantly focused on the lock hardware industry. Our long standing relationship with Allegion (formerly Schlage Lock of Ingersol Rand) dates back for decades. This sale to Allegion will provide our employees the opportunity to apply their experience and skills to support one of the leading lock hardware companies in the world.”

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