La Vergne, TN -JPW
Industries, Inc.®,
headquartered in La Vergne, TN, today announced it has reached an
agreement to acquire Edwards Manufacturing of Albert Lea,
MN.
JPW is a leading global designer, marketer and distributor
of branded metalworking and woodworking equipment and specialty
shop tools sold under the
JET®,
Powermatic®,
Wilton®and
Promac®brand names. The
company has operations in six countries and sells in markets
worldwide.
Edwards Manufacturing was founded in America in 1875 by
Charles Douglas Edwards and has been owned by the Hanson family
since 1953. Edwards manufactures industrial
ironworkers, hydraulic accessory tools, ironworker tooling, punches
and dies, and specialty tools, including the innovative, portable,
hydraulic Edwards Strut Pro. Edwards products are proudly Made in
America and broadly distributed through metalworking dealers in
North America and worldwide. Visit Edwards Manufacturing atwww.edwardsironworkers.com
Robert Romano, JPW CEO, said: "In Edwards Manufacturing,
JPW has acquired a strong brand, outstanding American Made products
and a skilled workforce. We will maintain the Midwestern
manufacturing facility in Albert Lea, MN. When combined with JPW's
sales and marketing reach, we expect to significantly expand
Edwards' presence in its core markets and beyond."
Alexis Friend, Edwards President, stated: "Joining forces
with JPW will enable Edwards to leverage its respected brand,
innovative product designs and highly skilled employees. With JPW's
professional sales and marketing capabilities, we expect to
significantly strengthen and expand our position in existing and
new markets."
About JPW Industries, Inc.
Headquartered in La Vergne, Tennessee, JPW Industries,
Inc®. manufactures and markets a wide range of machinery and
equipment under the JET®,
Powermatic®,
Wilton®and
Promac®brands. In addition to
its La Vergne headquarters, the company has operations in Europe
and Asia. It sells through a vast network of distributor partners
worldwide. Visit JPW atwww.jpwindustries.com
# # #