Date
Oct 2017
Region
Michigan
Generational Capital Markets, Inc., Member FINRA/SIPC, is pleased to announce the sale of its client, Ammex Plastics, to Echo Engineering and Production Supplies. The acquisition closed October 19, 2017.
Ammex Plastics is an ISO 16949/TS 16949:2009 registered full-service manufacturer of custom plastic components based near Detroit in Monroe, MI, with approximately 50 employees. Ammex primarily serves the automotive industry and has a production facility and a warehouse each covering more than 15,000 square feet.
The company mainly produces under-the-hood, functional parts including fluid routing, fastening, interior, and suspension system components. Ammex Plastics will now operate as Echo Engineering and Production Supplies, Inc. dba Ammex Plastics.
Echo Engineering and Production Supplies, Inc., headquartered in Indianapolis, IN with additional locations in Monroe, MI; Milpitas, CA, and Guadalajara, Mexico; is an industrial solutions business providing expert design & engineering services, comprehensive manufacturing processes, real-time supply chain management, and meticulous quality assurance.
Echo sells plastic, rubber, and adhesives, both direct and indirect product, into several industries including automotive & mobility, agriculture, power sport & recreation, marine, electronics, and other manufacturing sectors. Echo’s core product technologies include:
Direct Product Technologies
Indirect Product Technologies
Founded in 1966, Echo is a portfolio company of Matri Holdings, Inc., a private investment company specializing in acquisitions of manufacturing and/or distribution businesses. Echo has experienced exceptional growth over the last decade and looks forward to accelerating this success with a manufacturing facility located in the heart of the automotive industry. We believe the acquisition of Ammex Plastics will be of great benefit to that aim.
Generational Capital Markets Managing Director Phil Pizzurro’s team, with support from Vice President Mark Galovic, successfully closed the deal.
“This was a special transaction that I was honored to play a role in. The mutual strategic and cultural synergies involved in this transaction resulted in a unique match that will help pave the way to a seamless integration. I am excited to witness the future growth of the combined entities,” said Pizzurro.
The information we learn from customers helps us personalize and continually improve your experience. Here are the types of information we gather.
We receive and store any information you enter on our Web site or give us in any other way. We do not sell or rent your personal information to others without your consent. We use the information we collect only for the purposes sending promotional information, enhancing the operation of our site, serving advertisements, for statistical purposes and to administer our systems. We DO NOT use third parties to provide customer service, to serve site content, to serve the advertisements you see on our site, to conduct surveys, to help administer promotional emails, or to administer drawings or contests, but reserve the right to do so in the future without advance notice.
DealForce, LLC’s affiliates are all part of one corporate family, they work with one another and may work together to provide services to you. The sharing of your information among affiliates enables DealForce to serve you more efficiently and makes it more convenient for you to do business with Generational Group. DealForce is permitted by law to share information with its affiliates. All of our affiliates follow similar privacy policies.
For reasons such as improving personalization of our service, we might receive information about you from other sources and add it to our account information.
Generational Group may license the use of its intellectual property including but not limited to its name, likeness, and logo for the use of affiliated offices. Such affiliated offices may not be owned, controlled, managed, supervised or staffed by employees, officers, or agents of Generational Group. Affiliated offices may be independently owned and operated. For more information about a particular office, please contact Generational Group at its office in Dallas, Texas.
This page may contain other proprietary notices and copyright information, the terms of which must be observed and followed.
Information on this web site may contain technical inaccuracies or typographical errors. Information may be changed or updated without notice. Generational Group may also make improvements and/or changes in the products and/or the programs described in this information at any time without notice.
Generational Group does not want to receive confidential or proprietary information from you through our web site. Please note that any information or material sent to Generational Group will be deemed NOT to be confidential. By sending Generational Group any information or material, you grant Generational Group an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information, and you also agree that Generational Group is free to use any ideas, concepts, know-how or techniques that you send us for any purpose.
Our computer system protects personal information using advanced firewall technology.
Information Generational Group publishes on the World Wide Web may contain references or cross references to other products, programs and services that are not announced or available in your country. Such references do not imply that Generational Group intends to announce such products, programs or services in your country. Consult a Generational Group representative for information regarding the products, programs and services which may be available to you.
Generational Group makes no representations whatsoever about any other web site which you may access through this one. When you access a non-Generational Group web site, please understand that it is independent from Generational Group, and that Generational Group has no control over the content on that web site. In addition, a link to a non-Generational Group web site does not mean that Generational Group endorses or accepts any responsibility for the content, or the use, of such web site. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature.
IN NO EVENT WILL Generational Group BE LIABLE TO ANY PARTY OR ANY DIRECT, INDIRECT, SPECIAL OR OTHER CONSEQUENTIAL DAMAGES FOR ANY USE OF THIS WEBSITE, OR ON ANY OTHER HYPERLINKED WEBSITE, INCLUDING, WITHOUT LIMITATION, ANY LOST PROFITS, BUSINESS INTERRUPTION, LOSS OF PROGRAMS OR OTHER DATA ON YOUR INFORMATION HANDLING SYSTEM OR OTHERWISE, EVEN IF WE ARE EXPRESSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Furthermore, all information contained within this website is the property of Generational Group.