Elkhart Company Announces New Owner
ELKHART - An insulation manufacturer in Elkhart has a new owner. Re'tek Engineering Solutions, an affiliate of Michigan-based fiber product manufacturer Indratech LLC, has acquired Anco Products.
The companies say all Anco Products employees will stay on with the Re'tek and the business will remain in Elkhart.
Anco Products President Fred Kim says "Anco Products has had a long and proud history in the manufacturing of quality insulation solutions. We are delighted that Re'tek will continue this legacy. We are excited to see the ways that Anco, under Re'tek's stewardship, will continue innovation of its product offerings and wish them the best in this new stage of their growth."
Anco Products specializes in long fiber textile-type fiberglass insulation products. Its clients are in the agricultural, railcar and liquefied natural gas industries.
Indratech LLC also owns Indratech Performance Fiber Systems, which also has a location in Elkhart.