Seller: Industrial Molding Corporation
Transaction Type: Sell Side M&A
Headquarters: Lubbock, TX
Overview: Industrial Molding Corporation offers precision plastic injection moldings and assemblies. The Company also provides tooling, mold development and manufacturing services, as well as engineering services, including project review, project management, metal to plastic conversion and plastic selection assistance. Its products are used in bearing retainers, industrial, automotive, commercial vehicles, telecomm apparatus, consumer and personal water craft applications.
Buyer: NN, Inc. (NASDAQ: NNBR)
Headquarters: Johnson City, TN
Overview: NN, Inc. is a leading diversified industrial manufacturer of high precision metal and plastic components and assemblies. The Company combine advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assembles for a variety of markets on a global basis.