Union Corrugating Company Holdings, Inc.
Investment Date: December 22, 2016
Union is a manufacturer of metal roofing systems and roofing components. The Company is based in Fayetteville, North Carolina with ten additional low-cost, efficient manufacturing and distribution facilities located throughout the Southeast, Mid-Atlantic and Midwest U.S. Union has approximately 280 employees spanning its 11 facilities. Union's products are used in residential, commercial, and post frame/agricultural applications. The Company serves over 1,200 customers in over 30 states through a diverse range of channels, including home centers, lumber retailers, wholesalers, and contractors.
For more information, visit Union's website at www.unioncorrugating.com.
Investment Approach / Accomplishments:
Provide support to existing management team
Create fundamental improvement in operating performance:
- Pursue facility expansions and increase low cost manufacturing capacity
- Execute upon operational changes that will improve efficiency, logistics and safety
- Reduce working capital requirements
- Capitalize on growth opportunities with new and existing customers