June 2007

JVA Partners has acquired Kennedy Manufacturing Company, Van Wert, OH. Kennedy manufactures industrial tool storage products and medical carts.
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In the first half of 2005, Kennedy had emerged from Chapter 11 bankruptcy protection. The 100-year-old manufacturer had been hit hard by a tough manufacturing economy, global competition and tighter requirements with its bankers. It also faced rising steel prices.
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JVA Partners is a strategic investment company that has acquired a number of manufacturing companies throughout the Midwest. One of its holdings, HMC Holdings LLC dba Homak, is also in the tool storage business.
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We are excited about the prospect of adding Kennedy Manufacturing to our family of companies,” said John Veleris JVA’s Chairman. …

R & M Manufacturing Co., LLC, St. Louis Park, MN, has acquired Die Products Company, a stamping and tooling company in Fridley, MN.
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R & M Manufacturing is a sheet metal fabricator, specializing in custom, short and medium run sheet metal parts.
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The acquisition of Die Products is a strategic investment that increases the services that R & M and Die Products can provide our customers,” R & M President Todd Dyste …

Radiac Abrasives, Salem, IL, has purchased Burlington, WA-based Bates Abrasives, Inc. Bates Abrasives, a full-line, resin-bonded cut-off and grinding wheel manufacturer will continue to be run by previous owner and CEO, Paul Anderson. The company employs 55 people.
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The company will retain the Bates brand name with rough grinding target markets including forestry, natural stone, steel mills, foundries and metal fabrication. In addition to cut-off and grinding wheels, the company manufactures organic surface grinding segments, cylinders, nut-inserted disc wheels, flaring cups and cones and plugs.&nbsp ;

Radiac Abrasives is a manufacturer of bonded abrasive and superabrasive grinding …