According to Dave Sheaks, plant manager at the AACOA extrusion facility, the briquette machine has contributed more than just monetary gains.
All are key elements critical to lean manufacturing and continuous improvement for AACOA,.
Sheaks says AACOA tested one unit at the Niles facility, a prototype machine built by one of their equipment suppliers.
Scott Van Paris, maintenance manager at AACOA, boasts of the FastPac's dependability.
9 million in 2011 as a result of an increase in the average borrowings under our revolving credit facility, which were used to finance a portion of the purchase price for the acquisitions of Terphane in the fourth quarter of 2011 and AACOA in the fourth quarter of 2012.
In October 2012, we borrowed an additional $51 million under our revolving credit agreement to fund the acquisition of AACOA.
9 million for acquisition-related expenses (included in "Selling, R&D and general expenses" in the condensed consolidated statements of income) associated with the acquisition of AACOA by Aluminum Extrusions;
2 million for integration-related expenses and other non-recurring transactions (included in "Selling, R&D and general expenses" in the condensed consolidated statements of income) associated with the acquisition of AACOA by Aluminum Extrusions;
In AACOA, we found a top-quality manufacturer that will help us move toward our strategic objectives for both growth and diversification.
I firmly believe that the combination of Bonnell Aluminum and AACOA strengthens even further the capabilities of both and will bring value to our customers.
Dan Formsma, president of AACOA, stated, "We are thrilled to join forces with Bonnell Aluminum, a market leader in the aluminum extrusions industry.