CHICAGO -- TMB Industries ("TMB") announces the acquisition of Whitley Products, Inc ("Whitley Products") a premier supplier of precision tubular products for diesel engines used primarily in vehicles in the automotive, agricultural, off-highway, medium and heavy duty truck industries. This acquisition marks TMB's entry into the diesel engine components market and compliments TMB's expertise in managing industrial manufacturing businesses.
Founded in 1942, Whitley Products has established itself as a niche manufacturer of diesel engine tubular products and has developed an outstanding reputation for quality and responsiveness based on its strong engineering, service and flexible manufacturing capabilities. Whitley Products specializes in fabricating tubular assemblies for pressure applications with a special focus on diesel injection lines, hydraulic tube assemblies, tube/hose assemblies, and brazed/welded assemblies.
In addition to its headquarters in Pierceton, Indiana, Whitley Products has more than 100,000 square feet of manufacturing space in two strategically located production facilities in Franklin, North Carolina and Plymouth, Indiana.
In the announcement, Mr. Thomas M. Begel, Chairman of TMB said, "We are very pleased to acquire Whitley Products an industry leader with a strong history of high product quality, superior customer service and state-of-the-art production facilities. TMB is excited to build upon these strengths and continue to grow the business as diesel engine technology evolves."
Financial terms of the transaction were not disclosed.
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