Center Manufacturing, Inc.

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Project Description

Center Manufacturing, Inc.

IOP Fund I

Acquisition Date: December 2006
Status: Exited
Headquarters: Grand Rapids, MI
Exit Date: December 2012
Acquirer: Mayville Engineering Company, Inc.
Add-on Acquisitions:

Executed add-on acquisitions during IOP ownership

DESCRIPTION

Manufacturer of complex welded tubular assemblies and metal fabrications primarily for motorcycle/ATV, commercial vehicle and automotive applications.

OPERATING THESIS

Supplemented and provided leadership to existing management team.

Created fundamental improvement in performance:

  • Identified and executed on operations/cost-structure improvement opportunities
  • Identified plant layout and capacity utilization improvements
  • Identified and executed on growth opportunities in existing and new markets
  • Completed strategic acquisitions to expand fabricating and large diameter tube capabilities