Graham Architectural Products Acquires FM Enterprises
July 17, 2009
Graham Architectural Products (GAP) of York, Pa., a manufacturer
of architectural grade windows and doors, has acquired FM Enterprises,
a Merrill Wis., based manufacturer of curtainwall windows, storefront
windows and doors, and sunshades. The newly formed entity, FM Enterprises,
A Graham Architectural Company, will operate under the GAP banner.
"FM is an excellent fit in both product and corporate culture
for GAP. FM's product offering is precisely what we were looking
for strategically to provide our valued customers with a well-rounded
product line," says Brian Hurley GAP president and chief executive
officer. "We are also excited to have the availability of a
skilled workforce that the Merrill, Wis., area can offer to GAP
for future expansion opportunities. The addition of FM's products
to our portfolio will enable us to better serve our customers by
allowing us to supply the entire job from a single source, something
that's important to many of our customers."
FM Enterprises will continue to operate as a GAP subsidiary from
its 100,000-square-foot facility in Merrill where it employs 33
people. Todd Frederick will continue as FM's president and will
maintain a roll-over equity position in the newly formed company.
"The core values of product quality, innovation and long-term
customer relationships are similar for both companies, which provides
us with a strong foundation for future success," says Frederick.
"Graham will open up new opportunities in markets where we
had limited success in the past. I expect this to be a big boost
to our business for both the short and long term." Frederick
and his management team will continue to oversee the day-to-day
operations in their current capacity.
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