Sale to Aalberts N.V.
Applied Process is a provider of specialty heat treating services for a variety of applications and end markets including agriculture, heavy truck, light vehicle, railroad, construction, mining and other machinery. The Company’s primary process is austempering, an isothermal treatment that strengthens ferrous materials more effectively than conventional heat treating processes. Applied Process has three locations in Livonia, Michigan; Oshkosh, Wisconsin; and Fort Smith, Arkansas.