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Highlander Partners, L.P., an investment firm based in Dallas, Texas, USA, and Capstone Capital Partners, an investment firm based in Cleveland, Ohio.

* Highlander Partners, L.P., an investment firm based in Dallas, Texas, USA, and Capstone Capital Partners, an investment firm based in Cleveland, Ohio, USA, have acquired Premix, Inc., of North Kingsville, Ohio, USA, and its wholly owned subsidiary Quantum Composites lnc. of Bay City, Michigan, USA. Premix develops, designs, and manufactures thermoset composite materials and custom-molded components; it will combine with another Highlander/Capstone company, Hadlock Plastics, LLC, of Geneva, Ohio, USA, a custom molder and finisher of engineered composite products. Hadlock Plastics president Terry Morgan will lead the combined company as CEO, and Premix chief operating officer Tom Meola will assume an expanded role as chief operating officer for the new company, which will maintain its three existing facilities and workforce in Ohio and Michigan. The new enterprise has 430 employees and a manufacturing capacity of more than 500,000 square feet. www.premix.com.
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Title Annotation:industry NEWS and NOTES
Comment:Highlander Partners, L.P., an investment firm based in Dallas, Texas, USA, and Capstone Capital Partners, an investment firm based in Cleveland, Ohio.(industry NEWS and NOTES)
Publication:Plastics Engineering
Geographic Code:1U7TX
Date:Mar 1, 2011
Words:146
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