Volume 37, Issue 4, April 2002
Adams Rite Announces Acquisition of Three Hardware Companies
Adams Rite Manufacturing Co. of Pomona, Calif., has announced the acquisition of Markar Products Inc., Extrudart Products Inc. and Rockford Products Inc. According to information provided by the company, the acquisitions will increase its revenues by 30 percent and also expand its product lines and distribution channels. Terms of the acquisition were not disclosed.
"These acquisitions will help fulfill our vision to provide our customers with a comprehensive line of products to meet their needs," said Dick Kreidel, president and chief operating officer of Adams Rite. "A key factor in the decision to acquire these companies is that we share a similar corporate culture and philosophy for quality products and industry-leading customer service. An immediate result of the completion of this acquisition is the emergence of Markar Architectural Products Inc., a new company blending Markar Products Inc., Extrudart Products Inc. and Rockford Products Inc. into one entity."
According to a news release, Markar Architectural Products will operate as a wholly owned subsidiary of Adams Rite. Kevin Hamilton, who served as president of the acquired companies, will become president of the new company, according to Kreidel.
The new company will continue to operate from New York, where each of the three companies is based.
"We are excited to be joining the family of Adams Rite Manufacturing Co., said Hamilton. "With the breadth of the product lines of these three companies, along with those of Adams Rite, we will serve the needs of a greater number of customers, blending several strong, independent brands into a much stronger
Copper Sales Opens East Coast Facility
Headquartered in Anoka, Minn., Copper Sales Inc. has announced the opening of a new facility in suburban Philadelphia.
The new 50,000-square-foot facility in Fairless Hills, Pa., will stock the company's complete line of UNA-CLAD painted steel and aluminum, anodized aluminum, mill finish, galvalume, stainless steel and copper.
Extrusion Line Enhancements Underway for Tubelite
Based in Reed City, Mich., Tubelite Inc. is enhancing its extrusion line and making improvements to its door fabrication and packaging areas.
Included in the upgrade are two Belco age ovens with integrated conveyor systems. Likewise, two new CNC machines and automated door-packaging equipment have already been installed within the company's fabrication operation. Automated lineal packaging equipment is scheduled to arrive in the future.
According to Steve Klinge, Tubelite's plant manager, the CNC machines have already enhanced the company's order response time for fabricated doors and frames. The automated door packaging is expected to increase packaging output and reduce floor space as well.
In addition, the age ovens and conveyor systems will replace the existing ovens and handling practices.
Grosvenor Branches Out
Grosvenor-Solutions in Glass of Sydney, Australia, has announced the opening of a new partner office, Grosvenor North America Ltd. The new Vancouver-based company will supply a variety of colored, textured, rolled, patterned and silvered architectural glass products for interior and exterior design criteria. The company will be specializing in patterned glass products and products that require custom fabrication such as laminating, tempering, edging and polishing.
H&G Expands Facility in Carson City, Nev.
H &G Industries International of Carson City, Nev., has expanded its facilities and staff recently in order to meet increased demand for its proprietary MeterMaster line of metering, mixing and dispensing systems, according to the company. "Our mission has always been to build and sell innovative systems that will handle all field applications, in any environment, and to back them up with reliable factory service," said H & G president Horst Gerich. "This expansion will also allow us to carry that mission into leasing."
The new welding, fabrication and CNC equipment, in addition to new staff, will help accommodate increased production of their expanded product line, both in single-component and two-component systems, according to the company.
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