Center Manufacturing, Inc.
IOP Fund I
Acquisition Date: | December 2006 |
Status: | Exited |
Headquarters: | Grand Rapids, MI |
Exit Date: | December 2012 |
Acquirer: | Mayville Engineering Company, Inc. |
Add-on Acquisitions: | Executed add-on acquisitions during IOP ownership |
Description
Manufacturer of complex welded tubular assemblies and metal fabrications primarily for motorcycle/ATV, commercial vehicle and automotive applications.
Operating Thesis
Supplemented and provided leadership to existing management team.
Created fundamental improvement in performance:
- Identified and executed on operations/cost-structure improvement opportunities
- Identified plant layout and capacity utilization improvements
- Identified and executed on growth opportunities in existing and new markets
- Completed strategic acquisitions to expand fabricating and large diameter tube capabilities