SMS Elotherm Acquires I.A.S.
SMS Elotherm, a company of the SMS Meer Business Area, acquired heating technology specialist I.A.S. Induktions-Anlagen+Service GmbH. SMS Elotherm can now offer its customers both induction heating systems for isothermal extrusion and the corresponding systems for melting in addition to the traditional spectrum offered by Elotherm with systems for induction hardening, heating and welding. I.A.S., which has 100 employees in Germany and China and specializes in industrial electric heating technology, will continue business operations under its own name.