Blackford Capital Invests in Houston-based Texas Injection Molding [Yahoo! Finance]
NN, Inc. (NNBR)
Last nn, inc. earnings: 3/12 07:25 pm
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Source: Yahoo! Finance
firm, announced today that it has invested in Texas Injection Molding ("the Company"), a leading manufacturer of precision-engineered injection molded industrial components headquartered in Houston. The investment will provide capital for the continued expansion of the Company, as well as access to Blackford's experience in identifying and integrating acquisitions. Terms of the transaction were not disclosed. "We have been impressed with Texas Injection Molding's engineering capabilities, tooling and resources and are excited to partner with the team as they take advantage of the many opportunities available in Texas today," said Blackford CEO Martin Stein. "We will look to support the business' growth across Texas and in other high-growth regions across the country by leveraging our industry and regional experience with Lubbock, Texas-based Industrial Molding Corporation. We're thrilled to have another investment in Texas, and we're excited to grow this fantastic business and team.
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