ParkOhio completed the previously announced acquisition of Erie Press Systems (formally EFCO Inc.) of Erie, Pa. Erie Press manufactures advanced forging presses, hydraulic and mechanical presses, and metal stretch-forming and carbon extrusion machines for end markets including aerospace and defense, primary metals and high-speed rail.

ParkOhio provides customers with a supply-chain management outsourcing service, capital equipment used on their production lines and manufactured components used to assemble their products. Headquartered in Cleveland, Ohio, ParkOhio operates more than 125 manufacturing sites and supply-chain logistics facilities worldwide through three reportable segments: Supply Technologies, Assembly Components and Engineered Products.