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Press
Release
Appliance Magazine - "Compelled to Connect"
Thermtrol's abilities have
been prominently featured in this recent two page
article in Appliance Magazine entitled "Compelled to
Connect." Click
HERE to read the article and learn about Thermtrol's
extensive abilities to support Major Appliance OEMs in
such capacities as value engineering, insert/injection
over molding, wire harness & subassembly supply and just
good old fashioned customer service.
FOR IMMEDIATE
RELEASE
Contact: Greg Wurgler
Office: 1-330-497-4148 X101
Mobile: 1-330-704-8017
Thermtrol Corporation Acquires Thermtrol MGI Global LLC Manufacturing, Inc.
NORTH CANTON,
Ohio, August 15, 2007 – Thermtrol Corporation announced
that it closed an agreement today to purchase the assets
of Thermtrol MGI Global LLC Manufacturing, Inc. of Cary, IL, a leading wire
harness manufacturer specializing in insert & over
molding, harness assembly, and contract assembly. Thermtrol MGI Global LLC, a
TS16949 Certified company, had 2006 revenues of US$11
million and is particularly active in the Automotive,
Agricultural, and Sensors & Controls markets.
“The
acquisition of Thermtrol MGI Global LLC is exciting to the entire Thermtrol
family. It brings Thermtrol additional competency in the
manufacture of automotive wiring harnesses. It will also
provide Thermtrol MGI Global LLC additional resources from Thermtrol’s global
manufacturing and marketing teams. This acquisition will
be used as a core for future acquisitions. To the many
customers and suppliers of Thermtrol and Thermtrol MGI Global LLC, this
joining will enable our group to continue to provide
world-class service, competitiveness, professionalism,
and growth well into the future,” said Mark A. Jeffries,
President of Thermtrol Corporation.
Thermtrol
Corporation, with offices in North Canton, Ohio and Hong
Kong, China, has ISO 9001 Certified manufacturing
facilities in North Canton as well as a major wholly
owned facility in Ho Chi Minh City, Vietnam. Thermtrol
is a value added manufacturer and distributor of thermal
protection and wiring solutions to leading Appliance and
Industrial Equipment manufactures of the world. The Thermtrol MGI Global LLC
subsidiary is now known as Thermtrol MGI Global LLC Global, LLC, a name that
better reflects its new manufacturing and service
capabilities.
www.thermtrol.com |
