Bonnell Aluminum Completes Acquisition of Futura Industries
Tredegar Corp. announced that its subsidiary, The William L Bonnell Co., known as Bonnell Aluminum, completed the acquisition of Futura Industries Corp. The approximate purchase price of $92 million was funded using Tredegar’s existing revolving credit.
Headquartered in Clearfield, Utah, Futura designs and manufactures a wide range of extruded aluminum products for a number of industries and end markets, including branded flooring trims and TSLOTS, as well as OEM components for truck grills, solar panels, fitness equipment and other applications. Futura will operate as a division of Bonnell Aluminum.