Manufacturing/Other

Current Investments in Manufacturing

Hygrade Metal Moulding Manufacturing Corporation, Bethlehem, PA, is a leading manufacturer of aluminum and steel roll-formed products used as components in windows and doors. Northwood led the management buyout of Hygrade in 1992. Hygrade completed recapitalizations in 1995, 1999 and 2006 and also acquired Stalnaker-Elliott in 1998. In 2010 Northwood sold its equity position back to the company for cash and notes.
www.hygrademetal.com
RedBuilt, LLC, Boise, ID, (formerly known as Trus Joist Commercial) manufactures and designs joists, beams and wood trusses for commercial, industrial and multifamily residential building applications. The company is the leader in its markets in all 50 states and Canada. Northwood participated in the buyout of this former division of Weyerhaeuser in 2009.
www.redbuilt.com

 

Realized Investments in Manufacturing

Arcon Coating Mills, Inc., Oceanside, NY, is a leading producer of tapes and edge covering materials used to bind, reinforce, protect, and decorate office and school supply products, checkbooks, and hard- and soft- cover books. Arcon was acquired in a Northwood-sponsored leveraged buyout in 1994 and sold several years later for cash to FiberMark, Inc.
www.fibermark.com

Cincinnati Coca-Cola Bottling, Inc., Cincinnati, OH, primarily bottles and distributes Coca-Cola and its allied products in the greater Cincinnati and Dayton areas. In 1984, Northwood participated in a leveraged buyout of the company from its previous owners. The company was sold a few years later for cash to an entity that is now part of Coca-Cola Enterprises, Inc. www.cokecce.com
Conair Group, Inc., Pittsburgh, PA, is a leading supplier and integrator of plastics processing systems, including granulators, silos and pelletizers. Conair's "Power of One" strategy has positioned the company as a single integrated organization providing service for all Conair product lines. Northwood participated in the management buyout of Conair in 1986. Our position was repurchased by the company in 2000.
www.conairnet.com
Flohr Metal Fabricators, Inc., Seattle, WA was purchased in a 1988 management buyout. Northwood, together with a new CEO, purchased the company from its founding family. Flohr supplies custom-fabricated metal parts and systems to industrial customers and is also a leading manufacturer and installer of seafood processing equipment for offshore fishing vessels. Northwood's equity position was repurchased by the company in 1991.
The Lion Brewery, Inc., Wilkes-Barre, PA, is a regional brewer and bottler of premium beers, malta, and other nonalcoholic beverages. It operates as both a contract bottler as well as selling proprietary products under the Lion, Olde Philadelphia, and Stegmaier brands. Northwood invested in this buyout in 1993, and took the company public in 1996. Management repurchased our shares and took the company private in 1999.
www.lionbrewery.com

Michigan Seamless Tube, LLC, South Lyon, MI, is a highly specialized manufacturer of seamless mechanical and pressure steel tubing for demanding industrial applications. MST's products are used in a variety of industries such as automotive, oil field, steam and power generation, chemical processing, and aerospace. Northwood led a growth financing for this leveraged, post-bankruptcy, company in 2004.  MST completed recapitalizations in 2005 and 2007. The company was sold to a strategic acquirer for cash in 2008.
www.mstube.com