RAPAPORT… LDC, a jewelry manufacturer based in East Providence, Rhode
Island, has acquired precious-metals caster First Casting Company.
First Casting was founded by Jerry Traficante and his wife,
Susan, in 1980, with the couple continuing to run the company, according to its
website. Operating out of Johnston, Rhode Island, it offers casting in precious
and non-precious metals. The business will function as usual following the
takeover, LDC said.
“We are excited to have new resources and capabilities to
offer and continue driving value for all of our customers,” Ed DeCristofaro,
CEO of LDC, said in a statement Tuesday.
Image: A jewelry manufacturer at work. (Shutterstock)
Manufacturer LDC Acquires Metal-Casting Company
The Bottom Line
- LDC acquired First Casting Company, expanding its capabilities in precious and non-precious metal casting.
- First Casting Company will continue normal operations under the new ownership.
- The acquisition aims to provide LDC with new resources to enhance value for its customers.
Summary by Rapaport AI
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