Power Products acquires N.C. manufacturer | BizTimes Media Milwaukee (https://www.biztimes.com/2017/industries/banking-finance/power-products-acquires-n-c-manufacturer/)
Parent company of Power Products (as of a purchase last month) is a private equity firm.
Not good for the customer! PE's destroy
Need to get a FT sales person to make a call on the retiring owner.......
Oh oh, there goes the neighborhood! I've seen too many of the "gobble gobble" acquisitions; not one had done anything but either take the competition out or make the product cheaper (which usually means), junk. Not happy with that move, it's our own fault for raising kids that hated to get their hands dirty and became "beancounters" instead.