EWI and CWB Group enter affiliation agreement
by CM Staff
Both parties anticipate that the alliance will support growth for EWI and its stakeholders through new investments by CWB Group
COLUMBUS, Ohio and BUFFALO, N.Y. and MILTON, Ont. — Ohio-based EWI and Ontario’s CWB Group have signed an affiliation agreement, which they have said will create an alliance between the two nonprofit organizations and help them maximize their value proposition to clients, employees and partners.
Effective immediately, both parties anticipate that the alliance will support growth for EWI and its stakeholders through new investments by CWB Group in technical innovations and solutions in manufacturing processes, access to CWB Group’s workforce training and learning resources, and introduction into the Canadian market.
CWB Group says it will create new organizational capabilities through this affiliation agreement to allow development of technical solutions in manufacturing processes.
It will also support various services and help improve the CWB Group and EWI’s capabilities for the future of welding and joining globally.
“EWI was actively searching for investment capital to expand its technology and other service offerings in order to compete successfully in a rapidly evolving marketplace,” said Henry Cialone, president & CEO of EWI in a statement.
“Our strategic alliance with CWB Group accelerates our ability to advance our mission of delivering innovative technical solutions that fuel our customers’ competitiveness in new and exciting ways, while allowing EWI to remain a US nonprofit corporation.”