The Adams Company Acquires Atlas Gear Company and Atlas Global, LLC

THE ADAMS COMPANY AQUIRES ATLAS GEAR COMPANY AND ATLAS GLOBAL, LLC BOTH LOCATED IN MADISON HEIGHTS, MICHIGAN

Dubuque, IA, June 7, 2023 – The Adams Company is pleased to announce it has acquired the operations of Atlas Gear Company and Atlas Global, LLC, both located in Madison Heights, Michigan. Atlas Gear Company is a domestic manufacturer of custom gears and shafts, serving various industries including original equipment manufacturers, automotive, construction and oil recovery. Atlas Global, LLC is an importer of various raw materials and finished manufactured products, primarily gears and shafts for high volume quantities.

“This is an exciting day for us as we also celebrate our 140-year anniversary. We are pleased to expand our geographic footprint through the acquisition of Atlas Gear Company to provide additional capacity and resources for our customers. The acquisition of Atlas Gear Company and Atlas Global, LLC fits with our growth strategy to expand the industries we serve and to expand our presence in the custom gear and shaft manufacturing sector.” said The Adams Company, President & CEO, Steven J. Arthur.

The Adams Company is in growth mode and continues to set milestones with their consecutive years of growth within the gear and shaft metal component industry. On behalf of The Adams Company, we welcome Atlas Gear Company and Atlas Global, LLC to the family. This integration advances our mission to expand into additional industries so we can provide a wider array of products and services to our customer base.

Founded in 1883, The Adams Company is a custom gear, shaft, and power transmission metal component manufacturer servicing agricultural, construction, and forestry machinery, EV vehicles, oil recovery equipment, winches, industrial pumps, and food manufacturing equipment as well as parts for various other industries.