New Tech Machinery Acquires Manufacturer Nasser Machines
- January 18, 2021
- Posted by: Alan Hageman
- Category: News
New Tech Machinery (NTM), a member of Mazzella Companies, announced its acquisition of Nasser Machines.
Nasser Machines was established in 1992 by Nabeil Nasser and has since grown into a reputable gutter machine manufacturer in Western Canada. Nasser’s main product is its portable gutter machine that features a swinging miter saw, tooling system, and nine gutter profile options.
The acquisition, effective immediately, will allow New Tech Machinery to expand further into Western Canada and bring its innovative rollforming products and services to customers in the growing region. Additionally, Nasser products will be made available to the U.S. and international markets that NTM currently serves.
“We’ve always respected and admired the innovative gutter machine that Nasser Machines is known for,” said Clark Neft, Vice President of New Tech Machinery. “We’re looking forward to this opportunity to work together with the Nasser team to integrate their machine into our line-up of products.”