Marlin Steel Madsen Wire Acquisition Accelerates US Manufacturing
Marlin Steel (visit Marlin Steel) completed the Marlin Steel Madsen Wire acquisition, purchasing the assets of Indiana‑based Madsen Wire, a wire products manufacturer founded in 1938. The deal strengthens Marlin Steel’s wire product capabilities and supports its strategy to grow U.S. manufacturing.
Madsen Wire, headquartered in Orland, Indiana, produces security partitions for fleet vehicles and ranks among the largest manufacturers of wire mesh, wire grid, wire mats and forms, and refrigerator shelves. Marlin president Drew Greenblatt, who now also leads Madsen Wire, noted that the acquisition price came in under $10 million.
How the Marlin Steel Madsen Wire Acquisition Boosts Capacity
Greenblatt explained that combining the two companies increases production capacity and speeds delivery for customers. Together, Marlin and Madsen can handle larger, more complex jobs as more manufacturing opportunities return from overseas, particularly from China.
He emphasized the companies’ shared commitment to domestic production, stating, “We are all in on USA manufacturing,” underscoring a focus on reshoring and local supply strength.
Investment, Hiring, and Technology Upgrades at Madsen Wire
Following the deal, Madsen Wire Products plans to hire additional workers in Indiana to serve new clients and meet rising demand. The company already invested several million dollars in robotic welding and wire forming technology, which positions the combined business for higher efficiency and consistent quality.
These automation upgrades also support faster turnaround times and improved repeatability on high‑volume wire components.
Quality, Engineering Strength, and Global Reach
Steve Cochran, General Manager at Madsen Wire, highlighted several benefits from the acquisition. He noted that Madsen remains focused on quality and on‑time delivery, while Marlin’s engineering strength adds deeper design and problem‑solving capability.
“By adding the strong suit of Marlin’s engineering team, our footprint will become global,” Cochran said, pointing to new opportunities with international customers who require engineered wire solutions.
Safety Culture and Workforce Growth
Seller Greg Parker described the transaction as a strong cultural fit, especially around safety. He noted that Marlin Steel has logged more than 1,400 days of safety performance, while Madsen Wire has surpassed 1,000 days, and that shared focus on safety helped build confidence in the partnership.
Greenblatt plans to grow the Madsen workforce by roughly 20%, from about three dozen employees to around 45 in the near term. He stressed that the company seeks “smart people who want to be part of a growing company,” as demand for U.S.‑made wire products continues to increase.
