Manufacturing Industry
Pipe giants JMM, PW Eagle tie the knot.(J-M Manufacturing Company Inc.)
Plastics News, January, 2007 by Griswold, Matt
Byline: Matt Griswold Goliath just grew a foot taller. For many of the Davids in the PVC pipe industry, the epic, $400 million marriage of J-M Manufacturing Co. Inc. and PW Eagle Inc. carries with it the promise of creating further disparity between the pipe-making haves and have-nots. The leaders of the two companies aren't thinking about how the competition might react, but rather how their synergies ultimately can help them stay at the head of the pack in a highly competitive industry moving forward.
Livingston, N.J.-based JMM and Eugene, Ore.-based PW Eagle, the two market leaders in PVC pipe, announced Jan. 15 the signing of a definitive merger agreement. Upon closing, the firms' combined annual sales will be somewhere in the neighborhood of $2.5...
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