Caldwell Acquires Unique BalanceSeptember 29th, 2011 | Category: Industry News
The CALDWELL Manufacturing Company based in Rochester, N.Y., announced that Caldwell Hardware Company LLC has acquired Unique Balance, based in Pence Springs, W.Va. The court-approved purchase will enable Caldwell to expand its product line offerings to the fenestration market.
“Unique Balance had a very good reputation until recently when they encountered some problems,” says John Kessler, vice president, sales and marketing, Caldwell. “They offered some product lines that we don’t have so this presents us an opportunity to expand our products.”
Unique Balance stopped producing products from its West Virginia location earlier this year. Kessler says that while a re-opening date has not yet been determined, the company intends to service customers from the Pence Springs location.
“We plan to re-open the facility and do some good for the community,” says Kessler. “We have hired a plant manager who is currently looking for staff—the wheels are in motion.”