Oji Intertech Inc., a Japan-owned automotive and industrial parts manufacturer, has sold its North Manchester operations to local businessman Wayne Robison. The Wabash County business, which employs 100 workers, will now operate as Intertech Products Inc.
While terms of the sale were not disclosed, Robison says an opportunity presented itself to purchase the hometown business.
“North Manchester is an incredibly special place, and it’s meaningful to me to invest in the town that has provided my family with such a positive sense of community, opportunity and quality of life for decades. I jumped at the chance to purchase Oji Intertech because it’s a company headquartered in my hometown that is growing and successful with strong leadership and a unique, positive culture,” said Robison.
The company says Rick Sereno, who has served over 30 years at Oji Intertech, will continue to serve as president of Intertech Products Inc.
“I know our future is bright under the organization’s new ownership. I am thrilled for the opportunity to work alongside Wayne Robison and our leadership team to maintain and grow our business, continue to provide world-class products and service to our customers, and offer an excellent culture for our team members,” said Sereno.
The company has been in business since the mid-80s and does annual sales of about $30 million.