Skip to Content

Manufacturing - Articles

May 17, 2019

NPK Construction Equipment buys Wisconsin manufacturer Genesis Attachments

The Walton Hills-based manufacturer bought the business from New York private equity firm KPS Capital Partners....

By Adam Burroughs

May 16, 2019

Lincoln Electric moves to acquire Askaynak

Lincoln Electric Holdings Inc. is purchasing an additional 49.6 percent interest in Turkish manufacturer Askaynak to advance its regional growth strategy....

By Adam Burroughs

May 16, 2019

P&M Advises on Sales of Three Michigan Firms to Carlisle

Southfield-based P&M served as the exclusive financial adviser to the acquisition of Hosco Fittings, Classic Precision and Integrated Dispense Solutions in their sale to Carlisle Fluid Technologies...

By Mark Scott

May 15, 2019

Cyprium joins deal for Uniloy Blow Molding business

Cyprium Investment Partners is joined by New York’s Osgood Capital Group in the acquisition from Milacron Holdings....

By Adam Burroughs

May 13, 2019

Diebold completes squeeze-out of German unit shareholders

The move, announced in November, streamlines and simplifies the company's corporate structure and eliminates Diebold Nixdorf AG as a separate corporate entity....

By Adam Burroughs

May 10, 2019

Ampco-Pittsburgh to sell cast roll manufacturing facility

The purchase agreement has been executed, and the transaction is expected to close in the second half of 2019....

By Jayne Gest

May 8, 2019

CCL Label buys land from Strongsville for expansion

CCL Label is buying 23 acres of municipally owned land from its home city as it looks to expand and create between 110 and 150 new manufacturing, research and development jobs....

By Adam Burroughs

May 3, 2019

Peterson American Corp. completes sale to MiddleGround Capital

Southfield-based Peterson American Corp. has completed its sale to MiddleGround Capital, a newly formed private equity firm that makes control equity investments in lower middle market North American companies....

By Mark Scott

May 1, 2019

Automated Packaging Systems bought for $510 million

The Streetsboro-based manufacturer of flexible bag packaging systems is being acquired by Sealed Air for $510 million on a cash and debt free basis....

By Adam Burroughs

April 30, 2019

TriMas buys Taplast, second Italian acquisition in 6 months

The move is the second Italian acquisition in the past six months for the Bloomfield Hills-based company as it seeks to accelerate the growth of its packaging platform....

By Mark Scott

April 29, 2019

Parker Hannifin acquires LORD Corp. in $3.7B cash deal

The move adds approximately $1.1 billion in annual sales to Parker’s engineered materials business....

By Adam Burroughs

April 25, 2019

How Don Nystrom Builds Dynamic Aerospace Through Acquisitions

The CEO explains how he found a company that wasn’t even on the market — and turned it into a great acquisition....

By Mark Scott

April 23, 2019

Holland-based JR Automation to be acquired by Hitachi

Outgoing JR Chairman Mike DuBose said the deal will enable his company to maintain its strong growth trajectory....

By Mark Scott

April 17, 2019

Brown Gibbons Lang shepherds Lumitec, Truck-Lite deal

Brown Gibbons Lang & Co.’s Diversified Industrials team has overseen the acquisition of Lumitec LLC by Truck-Lite Co. LLC as the exclusive financial adviser to Lumitec....

By Adam Burroughs

April 17, 2019

PPG completes Hemmelrath acquisition

PPG has completed its acquisition of German-based Hemmelrath, a manufacturer of coatings for automotive OEMs....

By Jayne Gest

April 15, 2019

Eaton wraps up Ulusoy Elektrik majority acquisition

Eaton has completed the acquisition of an 82 percent controlling interest in Ulusoy Elektrik Imalat Taahhut ve Ticaret A.S., a deal that accounts for 90 percent of the outstanding voting rights....

By Adam Burroughs

April 15, 2019

Aurora Plastics acquires Elastocon

Aurora Plastics has acquired compounder Elastocon TPE Technologies, expanding its product line and bringing broader TPE compounding capabilities to its portfolio....

By Adam Burroughs

April 2, 2019

Schaffner Manufacturing acquired by Jason Industries

The $11 million deal will expand Jason's polishing product line offerings within North America....

By Adam Burroughs

April 2, 2019

Legrand closes acquisition of Universal Electric Corp.

Legrand, North and Central America, has completed its acquisition of the Canonsburg manufacturer Universal Electric Corp. for an undisclosed amount....

By Jayne Gest

April 2, 2019

Norton Industries acquired by CertainTeed

This acquisition of the maker of wood ceiling and wall designs is intended to add to Malvern, Pa.-based CertainTeed's innovation capabilities and increase its presence in the high-growth architectural specialties ceilings market....

By Adam Burroughs

April 2, 2019

Preformed Line Products to acquire MICOS TELCOM

Preformed Line Products is set to acquire MICOS TELCOM s.r.o., as it positions itself to support emerging industry technologies like 5G, network densification, and metro fiber rings....

By Adam Burroughs

April 2, 2019

CertainTeed buys wood ceiling maker Norton Industries

This acquisition is intended to improve CertainTeed's presence in the high-growth architectural specialties ceilings market....

By Michael Marzec

April 1, 2019

Lincoln Electric buys Baker Industries

Lincoln Electric Holdings Inc. has acquired Baker Industries Inc., a privately held provider of custom tooling, parts and fixtures primarily serving automotive and aerospace markets....

By Adam Burroughs

April 1, 2019

Timken acquires Diamond Chain Co.

The Timken Co. has acquired The Diamond Chain Co. from Amsted Industries. With the acquisition, Timken's power transmission portfolio now accounts for roughly one-third of its revenues....

By Adam Burroughs

April 1, 2019

Strength Capital sells ARCH Global to NYC PE firm

CEO Eli Crotzer and the rest of the ARCH senior management team will continue operating the manufacturer of precision cutting tools, precision machined industrial components and medical implants and instruments....

By Adam Burroughs

April 1, 2019

Elliott Group completes merger of Ebara International

Elliott Group will maintain Ebara International’s Cryodynamics brand and manufacture its pumps and expanders at its global headquarters and factory in Jeannette, Pa....

By Jayne Gest

April 1, 2019

Stoneridge sells product lines to Standard Motor Products

Related to the transaction, Stoneridge and SMP have entered into a transition services agreement, supply agreement and contract manufacturing agreement to help support the transition of the product lines to SMP's facilities....

By Adam Burroughs

March 28, 2019

Cincinnati developer sweeps up Columbus industrial properties

Cincinnati’s Neyer Properties has purchased two Columbus properties totaling 400,000 square feet of available industrial space, representing its second and third purchases in the Columbus market in the past six months....

By Adam Burroughs

March 26, 2019

Crane's Screen Machine acquires Diamond Z

Partnering the two material processing companies will help Screen Machine address the growing need for mobile material processing machines across a variety of industries....

By Adam Burroughs

March 26, 2019

Resilience Capital Partners acquires Systron Donner Inertial

The Cleveland private equity firm has acquired Systron Donner Inertial, a supplier of quartz microelectromechanical systems used in inertial sensing products that provide precision guidance, navigation and locational solutions....

By Adam Burroughs

March 25, 2019

MPE Partners acquires Cantrell for Bettcher bolt-on

Cleveland venture capital and private equity firm MPE Partners has acquired Cantrell, a Gainesville, Georgia-based manufacturer of equipment and systems for the poultry processing industry....

By Adam Burroughs

March 22, 2019

IPSCO Tubulars sold to Tenaris

IPSCO Tubulars, which has two Western Pennsylvania facilities, has been acquired by Tenaris for $1.209 billion....

By Adam Burroughs

March 21, 2019

Soave Enterprises buys New Center Stamping

Soave Enterprises has acquired New Center Stamping Inc., a stamping, assembly and engineering firm in Detroit’s Milwaukee Junction neighborhood....

By Adam Burroughs

March 20, 2019

Polychem Corp. acquired by Houston’s The Sterling Group

Mentor’s Polychem Corp. has been acquired by The Sterling Group, an operationally focused middle market private equity firm out of Houston....

By Adam Burroughs

March 20, 2019

Horizon Global Corp. gets liquidity injection with $51M loan

Horizon Global Corp. has closed a new financing agreement to provide additional liquidity and has amended its existing term debt agreement to relax financial covenants....

By Adam Burroughs

March 20, 2019

Scotts Miracle-Gro dumps its stake in TruGreen for $234M

Scotts Miracle-Gro Co. has sold its 30 percent stake in TruGreen to the majority owner for approximately $234 million in a move to reduce debt and maximize shareholder value....

By Adam Burroughs

March 19, 2019

ACP-backed Pleatco buys APEL, Milton to expand air filtration services

Align Capital Partners portfolio company Pleatco Filtration has expanded into the industrial air filtration market with the acquisitions of APEL International and Milton Manufacturing....

By Adam Burroughs

March 19, 2019

MC Group continues aggressive growth strategy, acquires Coastal Signage + Wayfinding

MC Group has closed its second acquisition in just over year, announcing it has purchased Coastal Signage + Wayfinding, a full-service solutions provider based in Oceanside, California....

By Adam Burroughs

March 14, 2019

TransDigm wraps up $4B Esterline deal

TransDigm Group Inc. has completed the acquisition of Esterline Technologies Corp., a specialized manufacturer serving the global aerospace and defense industries....

By Adam Burroughs

March 14, 2019

Ampco-Pittsburgh plans to sell ASW Steel

Ampco-Pittsburgh Corp. is set to sell its Canadian subsidiary, ASW Steel Inc. ASW, a specialty steel-making facility located in Welland, Ontario, has been classified as a discontinued operation...

By Adam Burroughs

March 12, 2019

RPM’s Jim Karman: Skip the drama and avoid turnarounds

Retired RPM International COO Jim Karman reflects on the fateful deal that convinced him to steer clear of turnaround acquisitions and shares lessons learned from his dealmaking career....

By Mark Scott

March 11, 2019

Preformed Line Products buys Austrian SubCon Electrical Fittings

Preformed Line Products Co., a manufacturer of energy and communications infrastructure, has acquired SubCon Electrical Fittings GmbH, an Austrian manufacturer of substation connector systems and electrical accessory hardware....

By Adam Burroughs

March 7, 2019

Innovest Global signs LOI to buy Columbus company

The company says its acquisition target generated $4.2 million in revenue with income of $300,000 in owner benefit in 2018....

By Michael Marzec

March 5, 2019

Resilience Capital Partners sells Thermal Solutions Manufacturing

Private equity firm Resilience Capital Partners has sold Thermal Solutions Manufacturing, a provider of automotive heating and cooling products, to Altus Capital Partners Inc., an investment firm focused on the North American manufacturing sector....

By Adam Burroughs

March 1, 2019

Masco may shed cabinetry and window businesses

The units account for 20 percent of the company's sales and 10 percent of operating profit....

By Adam Burroughs

March 1, 2019

Michael Canty: How to navigate the tricky waters of turnaround investing

Turnaround maven Michael Canty offers his tips for investing in troubled companies and shares the strategy that got Alloy Bellows & Precision Welding back on its feet....

By Mark Scott

March 1, 2019

Eaton to spin off lighting business

Move will create a separate public company with $1.7 billion in sales to commercial, industrial, residential and municipal markets....

By Adam Burroughs

February 28, 2019

Integrating acquisitions isn’t one size fits all for L.B. Foster

CEO Bob Bauer breaks down L.B. Foster's unique integration approach to three different acquisitions....

By Jayne Gest

February 19, 2019

Report: Consolidated Precision Products on the block for $2B

Cleveland aerospace parts manufacturer Consolidated Precision Products Corp. could be sold by Warburg Pincus for as much as $2 billion, according to a report by Bloomberg....

By Adam Burroughs

January 16, 2019

Brown Gibbons Lang facilitates Freedom Electronics deal

Brown Gibbons Lang & Co.’s Diversified Industrials team was the exclusive financial adviser to Freedom Electronics LLC during its sale to Summit Park LLC, a Charlotte private investment firm....

By Adam Burroughs