Mill Masters Acquired by ASMAG Group

The ASMAG Group, a leading Austrian manufacturer of machinery and equipment for the tube, pipe, and profile industry, is acquiring US-based Mill Masters, located in Jackson, Tennessee. This strategic move strengthens ASMAG’s presence in North America while expanding its technological capabilities in the field of tube welding mills.

Mill Masters, which has delivered more than 150 tube and cable mills globally, specializes in systems for smaller tube dimensions – perfectly complementing ASMAG Group’s existing portfolio, which focuses on Tube Mills for larger dimensions. The acquisition enables ASMAG to serve a wider range of customer needs and further enhances its service capabilities in the US market.

“This is an exciting step forward for us,” said Johann Vielhaber, owner and CEO of the ASMAG Group. “We’ve long recognized the potential of the US market. By acquiring Mill Masters, we’re not only expanding our technological range but also establishing a strong manufacturing and service presence in the United States – bringing us closer to our customers and partners. At the same time, we want to acknowledge the outstanding work and dedication of Bill Panthofer, the founder, and the Mill Masters Team who built Mill Masters into a successful company over many years. His legacy provides a strong foundation for this next chapter.”

“I’m proud of what we’ve built here in Jackson,” said Bill Panthofer. “Joining the ASMAG Group allows us to tap into global resources and innovation while continuing to deliver the quality and precision we’re known for. It’s a great match – for our company, our employees, and our customers.”

Mill Masters will continue to operate under its established name and will remain at its current location in Jackson, Tennessee. While it will be integrated into the ASMAG Group organizationally, customers and partners can expect continuity in relationships, expertise, and service.

ASMAG Group already operates a sales office in Chicago, Illinois. With Mill Masters, the company now establishes its first full operational production and service site in the United States. The ASMAG Group currently comprises four European locations: ASMAG in Scharnstein and INGENIA in Linz (both Austria) as well as SEUTHE in Hemer and REIKA in Hagen (both Germany). Mill Masters becomes the fifth key site in the global ASMAG network.