Mid-Size Company Turnaround of the Year Canadian Kraft Paper Industries Ltd. Brandon Ellement, Ellement Pensions, Benefits and Investments Leonard Levie, American Industrial Acquisition Corporation Ron Prehogan, Brazeau Seller Law Jeff Sands, CTP, Dorset Partners LLC Jari Vainio, American Industrial Acquisition…
Introducing Shawnee Tubing Industries, LLC As of July 2018 we were acquired by American Industrial Acquisition Corporation (AIAC), a privately held industrial investment portfolio, owning 76 companies throughout 24 countries and generating over $1.6B in revenues. Building on our previous…
Universal Plastics Group is bulking up its thermoforming division with the acquisition of custom thermoformer W. Kintz Plastics Inc. in upstate New York. Terms of the deal, which was finalized June 11, were not disclosed. W. Kintz Plastics specializes in…
CANTON, Ohio - Union Metal, the historic Canton company that closed its doors and laid off hundreds of workers earlier this year, now has new owners. New York-based American Industrial Acquisition Corporation (AIAC) purchased the company and has already hired nearly two…
Nov. 10, 2017 - Today the paper mill in The Pas, Man., is celebrating its first anniversary after being purchased by Canadian Kraft Paper Industries Ltd., an affiliate of American Industrial Acquisition Corp. (AIAC), on November 10, 2016. The acquisition…
Future looking up after 2016 sale of Tolko Industries mill, which was set for closure Riley Laychuk · CBC News · Posted: Mar 27, 2018 5:00 AM CT | Last Updated: March 27 Ask The Pas, Man., mayor Jim Scott what the future of…
Agreement reached Thursday says all current Manitoba employees to stay on at mill CBC News · Posted: Nov 10, 2016 5:10 PM CT | Last Updated: November 10, 2016 The Pas Mayor Jim Scott said he was extremely pleased the 300…
Jeff Sands, CTP, of Dorset Partners; Larry Schwoeri of American Industrial Acquisition Corporation (AIAC); Jon Verbeck of Verbeck Associates; and Kristin Wainright of Tobin, Carberry, O’Malley, Riley & Selinger were recognized as winners of the TMA Small Company Turnaround of…
By ABF Journal For 30 years, Vermont Aerospace crafted precision machinery for aircraft from its home in the Connecticut River Valley. A spiraling financial downturn combined with the unexpected death of its owner left the company reeling. After VA received…
The Founder & CEO’s death was the linchpin for a torrent of legal, bank, and solvency woes to drop upon the 100 percent ESOP owned Vermont Aerospace Manufacturing Inc. The company had been run up against the rocks of misfortune…
