LCI Subsidiary to Acquire California Manufacturer

Posted: Updated:
(photo courtesy LCI Industries) (photo courtesy LCI Industries)
ELKHART -

A subsidiary of Elkhart-based LCI Industries (NYSE: LCI) has acquired California-based window manufacturer Hehr International Inc. Financial terms of the deal were not disclosed, however Lippert Components Manufacturing Inc. says the Hehr team will remain with LCI.

Hehr International makes windows, along with tempered and laminated glass, for the recreational vehicle, transit, specialty vehicle and other adjacent industries. The company operates five facilities within the U.S. and reached $55 million in sales in 2017.

"Hehr’s geographic diversification allows us to better serve our customers. Additionally, their customer base is a great mix of various industries that we know or are targeting for growth," said Scott Mereness, president of LCI. "Hehr is another highly strategic LCI investment. We expect to leverage our purchasing, sales, distribution, and administrative capabilities to improve the profitability of this business."

This is the second acquisition is as many months for an LCI subsidiary. In January, Lippert Components Inc. announced plans to acquire New York-based marine and industrial supplier Taylor Made Group LLC.

  • Perspectives

    • What's Your College Student's Financial Intelligence?

      Do you have a child who’s headed to college - or maybe already attending?  If there was a financial intelligence exam, you would want your student to ace it!  Help your student develop good money management skills. That knowledge will pay dividends for a lifetime! For most students, going off to college is the first time they’ll be on their own. It’s imperative that they learn to be responsible for themselves. As parents, we hope any lapse in personal...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • National Guard Academy Targets At-Risk Youth

      Indiana's adjutant general says the Hoosier Youth Challenge Academy in Knightstown continues to make a difference by offering at-risk teenagers a second chance. The academy, which was established in 2007, will Saturday celebrate another graduating class. The program uses quasi-military training, structure and discipline for students between the ages of 16 and 18 who have dropped out of school or are severely deficient in credits. In an interview on Inside INdiana Business...

    • IIB Hires Merritt McLaughlin

      Grow INdiana Media Ventures LLC, the parent company of Inside INdiana Business, has hired Merritt McLaughlin as writer/reporter. McLaughlin is a recent Ball State graduate who has previously worked as a writer for Indianapolis Monthly and Ball State's Ball Bearings Magazine. The New Hampshire native has won several writing awards from organizations including the Columbia Scholastic Press Association, Indiana Collegiate Press, the Ball State Department...

    • Study: State Fairgrounds Impact Grows

      A new study shows the economic impact of the Indiana State Fairgrounds has grown. The study, conducted by the Indiana University Kelley School of Business, says events at the fairgrounds as well as the renovation of the Indiana Farmers Coliseum generated a direct economic impact of more than $197 million on the local economy in 2017, more than 22 percent higher than the previous study in 2011. The study says $152 million came from visitors to Indianapolis. Attendees of the...

    • South Bend Mayor Not Seeking Re-Election

      The mayor of South Bend says he will not seek a third term. Pete Buttigieg, whose current term ends in just over a year, said during a news conference Monday his administration will continue to work hard during that time "to accomplish our mission to deliver services that empower everyone to thrive."

    • $600M Waste-to-Fuel Plant Coming to Gary

      A California-based renewable jet fuel and diesel producer has announced plans for a massive investment in northwest Indiana. Fulcrum BioEnergy Inc. says it will invest $600 million to build the Centerpoint BioFuels Plant in Gary, which will convert municipal solid waste into renewable transportation fuel. The project is expected to create up to 163 jobs by the end of 2022. The Indiana Economic Development Corp. says Centerpoint will be located at an industrial site that will be...