Ducommun Incorporated Acquires Magnetic Seal Corporation
SANTA ANA, Calif., Dec. 16, 2021 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") announced that today, it completed the acquisition of Magnetic Seal Corporation ("MagSeal"), based in Warren, Rhode Island. Founded in 1954 by George E. Colby and Robert L. Stevenson, MagSeal revolutionized the mechanical seal industry with the introduction of its proprietary magnetic seals by incorporating permanent magnets into their design and manufacture. MagSeal has since evolved into a leading provider of high-impact, military-proven magnetic seals for critical systems in aerospace and defense applications, offering sealing solutions that are engineered to perform in h