Manufacturing Industry
X-Y, GTA merging operations.(Brief article)
Plastics News, September, 2008 by Lauzon, Michael
Byline: Michael Lauzon
X-Y Tool & Die Inc. will become a builder of thermoforming and injection molds as a result of an acquisition.
The Laotto, Ind., firm is buying some of the assets of GTA LLC and hiring some of its personnel, said X-Y operations manager Greg Baker. GTA of Fort Wayne, Ind., is slated to close Oct. 10 as a result of the purchase.
X-Y and GTA are sister companies owned by Fort Wayne-area entrepreneur Michael Khorshid. He bought GTA, formerly Global Tooling & Automation Corp., on Jan. 1, and X-Y about ...
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