Posted August 10, 2011
Protective Industrial Products makes acquisition
Protective Industrial Products Inc. announced the acquistion of McHenry Knitting and Manufacturing Inc.
Founded in 1984, the Bluffton, Ind.-based company manufactures personal protective products such as sleeves, aprons and protective hoods for industrial and construction applications.
Following the acquisition, the company will operate as McHenry Manufacturing Inc. (MMI).
"The acquisition of MMI is an exciting addition to PIP," said Joe Milot, president of PIP. "MMI builds on PIP's commitment of 'Bringing the Best of the World' to the industrial market."
Joe Milot III, PIP's director of manufacturing operations, said the acquisition adds a substantial level of manufacturing capabilities to PIP. "MMI is a recognized industry leader of customized knitted and cut-and-sewn sleeves and apparel, offering customers world class service that cannot be offered by off-shore manufacturing," he said.
Steven Robins, president of PIP subsidiary PR Industries Inc., will oversee the MMI operations.
"PIP offers MMI a solid financial profile and a history of service that will enable the McHenry organization to grow well into the future," said Bob McHenry, founder of McHenry Knitting and Manufacturing. "I am pleased that McHenry has joined the PIP family and our traditions will continue."
