Ironwood Capital Portfolio Company NSA Industries Acquires Vitex Extrusions

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AVON, CONNECTICUT, January 7, 2020 – Ironwood Capital is pleased to announce that precision manufacturer NSA Industries (“NSA”), a portfolio company of the firm, has acquired Vitex Extrusions (“Vitex”), a Franklin, New Hampshire-based manufacturer of metal extrusions. NSA, headquartered in St. Johnsbury, Vermont, is the largest provider of multi-operation metal contract manufacturing and precision machining […]

Ironwood Capital Announces Subordinated Debt and Equity Investment in Manufacturer Libra Industries

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AVON, CONNECTICUT, May 22, 2019 – Ironwood Capital is pleased to announce an investment of subordinated debt and equity in Libra Industries (“Libra”). Libra, based in Mentor, Ohio, is a contract manufacturer of engineered printed circuit board assemblies (“PCBA”), electromechanical assemblies and electronic control solutions. “It’s a great fit. The core competencies of Libra are […]

Ironwood Capital Announces Investment in American Roller Company

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AVON, CONNECTICUT, February 21, 2019 – Ironwood Capital is pleased to announce an investment in American Roller Company (“American Roller”), headquartered in Union Grove, Wisconsin. The company is a leading servicer and manufacturer of industrial rollers and specialty coatings for use in web converting systems. “We were impressed with the company’s breadth of roller solutions […]

Ironwood Capital Portfolio Company NSA Industries Acquires Metal Tronics

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AVON, CONNECTICUT, December 5, 2018 – Ironwood Capital is pleased to announce that manufacturer NSA Industries (“NSA”), a portfolio company of the firm, has acquired Metal Tronics, located in Georgetown, Massachusetts.  Metal Tronics is a provider of precision metal fabrication and CNC machining solutions. “One year ago, when Ironwood Capital originally invested in NSA, the […]

We Love Niche Manufacturing

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“…if you want to make a bet on American industrial strength, find a company that makes weird stuff in small volumes.” This is a good definition of niche manufacturing, succinctly stated by William Baldwin, contributor to Forbes Magazine, in an article last year in Forbes. At Ironwood Capital, a middle market mezzanine and minority equity […]

Merrill Industries LLC, Ironwood Capital Connecticut Portfolio Company, in the News

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Ironwood Capital Connecticut portfolio company Merrill Industries LLC was recently featured in Boxscore, a publication of the Independent Packaging Association. Merrill Industries is a niche manufacturer of innovative packaging solutions.  Rick Wheeler, Merrill CEO, was interviewed for the article.  In the article, Wheeler summarized what it takes to succeed when rebranding your company,”‘I just can’t […]

Ironwood Capital Portfolio Company Ripley Tools Acquires Optical Design Manufacturing Inc.

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AVON, CONNECTICUT, January 3, 2018 – Ironwood Capital is pleased to announce that Ripley Tools LLC, an Ironwood Capital portfolio company, has acquired Optical Design Manufacturing Inc. (ODM), a designer and manufacturer of quality fiber optic testing equipment. ODM’s electronics expertise expands Ripley’s current product offering and provides additional solutions to customers of their Miller® […]

A Celebration of Connecticut’s Manufacturing Strength and Innovation

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On the evening of November 30th nearly 70 business leaders from across the state gathered for a celebration of Connecticut’s manufacturing strength and innovation. The event, held at ON20 in downtown Hartford, was co-sponsored by Ironwood Capital, accounting firm Grant Thornton and law firm Shipman & Goodwin. Dozens of Connecticut’s leading manufacturing companies were represented, […]