1063

National Composites acquires Able Manufacturing & Assembly, Joplin, MO

National Composites acquires Able Manufacturing & Assembly, Joplin, MO., adding capabilities and doubling production capacity.

National Composites acquires Able Manufacturing & Assembly, Joplin, MO
READING TIME

1 minute, 20 secondes

Michigan, continues to implement a strategic growth plan developed by the leadership team in 2019. This plan focused on strategic growth through acquisitions that add capabilities and the necessary talent to meet and exceed the composite industry’s growing market demands.

By acquiring Able Manufacturing & Assembly to the family of National Composites locations, they have gained strategic customer advantages in both applications and geographic distribution.

Today, National Composites has plants in:

  • Headquarters in Troy, MI
  • MPI (Molded Plastics Industries), Holt, MI
  • Great Lakes Composites Owosso, MI
  • Excel Pattern and Tool Owosso, MI
  • Sunrise Fiberglass Wyoming, MN
  • Able Manufacturing Joplin, MO

Adam Fenton, CEO, National Composites states:
“We see continued demand for additional composite applications throughout a wide variety of industries. And, as a part of our plan, we strategically seek out complementary resources to meet and exceed those demands”

With the addition of Able Manufacturing & Assembly, National Composites will not only double its production space but also add additional capabilities to its portfolio, including full metal cab fabrication, metal component fabrication, class A paint capabilities, as well as extremely large composite molding capabilities exceeding 40+ feet.

Craig Marton, ABLE Manufacturing President & CEO states:
“National Composites is the ideal partner to help take ABLE Manufacturing & Assembly to the next level. National Composites has a wealth of experience in the composites industry and a well-defined strategy for helping companies like ABLE maximize our full potential. The entire ABLE organization is excited to be on the National Composites team.”

This acquisition marks the 5th in two-years and proves that a well-planned approach addressing strategic growth can and, does work.

More information www.nationalcomposites.com