Fred Ratermann and John Bornhorst acquired AiRam Inc., a 42year-old South Carolina company that produces pneumatic presses, changed its name, and moved and expanded the company.

Now, as AiRam Press Co. Ltd. ( the company is based in Covington, Ohio, and it will produce a broader range of market piercing, blanking, forming, cut-off, coining, embossing, laminating and assembly type equipment.

Ratermann is president of AirRam and Bornhorst serves as vice president of engineering.

"Until now, AIRAM presses have primarily been known for their reliable performance in high speed roll forming lines. We're taking the equipment to a new level of versatility by offering a diverse range of standard and custom engineered models to customers with general stamping needs," Ratermann said.

Ratermann also owns Concept Machine & Tool, Inc. and has more than 20 years of experience in the machine tool and stamping industry. Bornhorst has 40 years of stamping and coil processing experience, and holds 19 patents.

The partners have expanded the AiRam line to include a precision press for progressive stamping operations designed to run progressive and other dies with off center loads.