Project Category: Featured Manufacturing

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Vanex, Inc. has been acquired by PPG Industries, Inc.
Project

Vanex, Inc. has been acquired by PPG Industries, Inc.

PPG Industries acquired Capital Alliance Corp. client Vanex, Inc., of Mount Vernon, Ill. Founded in 1964, Vanex developed and manufactured water-based industrial coatings, marketed under the trade names Plascron® and Breakthrough®. The company’s coating products are used on metal, plastic and wood in the structural steel, building systems, construction and fabricated metals industries. Vanex shareholders...

Modernfold, Inc. has been acquired by DORMA Group, North America
Project

Modernfold, Inc. has been acquired by DORMA Group, North America

The Selling Company: Modernfold, Inc. designs, manufactures, and sells moveable wall systems typically used in hotels, convention centers, and other commercial buildings. With a 75-year history, this company is the second largest manufacturer in the world of such products with annual sales exceeding $40 million per year. Why the company was sold: The company’s primary...

ETMA has been acquired by Three-Five Systems, Inc.
Project

ETMA has been acquired by Three-Five Systems, Inc.

The Selling Company: ETMA is a contract electronics manufacturer for OEM customers in the computer/server, medical monitoring and internet security industries. ETMA operates six surface-mount manufacturing lines and automated printed circuit assembly lines, provides engineering support, systems integration and box build, and turnkey packaging and fulfillment services. Why the company was sold: The two shareholders...