OMG ACQUIRES ROOFING BUSINESS FROM ITW
BUILDEX
OMG Inc., a manufacturer of fasteners and
building products for the commercial and residential construction industry, has
recently announced its acquisition of ITW Buildex’s Roofing Business Segment.
This business, based in Illinois, develops and manufactures fastening systems
for the commercial roofing industry.
OMG Inc. is a division of Handy &
Harman, a wholly-owned subsidiary of WHX Corporation.
The acquisition demonstrates OMG’s
significant commitment to the commercial roofing industry and will add a suite
of new products to their catalogue, including AccTrac® automated insulation and
seam attachment system, Polymer Batten Strip® for membrane attachment, Eyehook
Seam Plate and Reel-Fast® Collated Seam Plates.
“Our integration of products from the ITW
Buildex Roofing Business Segment significantly strengthens OMG’s market
position,” said Hugh McGovern, president, OMG. “The addition of a Midwest
manufacturing facility will also enable us to better serve customers in that
region and throughout the United States.”
OMG’s new Chicago factory, previously
maintained by ITW Buildex, will employ approximately 30 people and will include
a full customer service centre. No manufacturing lay-offs are anticipated during
the acquisition process. ITW Buildex is known for developing one of the first
available roofing fasteners in the industry, and OMG plans to maintain existing
product branding to ensure a seamless transition for customers.
