Wood Products Firm Patrick Industries Buys Virtual Wood Maker

The following content is syndicated content.


12; Wood components Patrick Industries, Inc. says it completed the acquisition of assets of PolyDyn3, a custom fabricator of simulated wood and stone such as headboards, fireplaces, ceiling medallions, columns and trims, for the recreational vehicles. 

The deal is one of a long string of acquisitions by Patrick Industries, which makes wood components for the cabinetry market as well as other products. Earlier this year Patrick acquired Foremost Fabri Industries, and last year it acquired a half-dozen wood products companies.

The net purchase price for PolyDyn3 of approximately $ 1.3 million was funded under the Company’s existing credit facility. Patrick will continue to operate the on a stand-alone basis under the PolyDyn3 brand name in its existing facility. PolyDyn3’s 2014 revenues will be approximately $ 2.5 million. Both firms are based in Elkhart, a hotbed of rebounding RV manufacture.

“The acquisition will afford us the opportunity to bring in-house new production capabilities and product

… Continue reading here.

Tags: , , , , , , ,
Previous Post
Little Giant Ladder

Little Giant Ladder Systems 15422-001 Velocity 300-Pound Duty Rating Multi-Use Ladder, 22-Foot

Next Post
Rockler Woodworking

Rockler Full Size Carbide Turning Tools Review: NewWoodworker

Leave a Reply

%d bloggers like this: