Taglich Private Equity LLC partnered with Unique management to acquire Unique Fabricating, Inc, from its former primary investor, American Capital Ltd. The transition was seamless, and makes new growth capital available to Unique to support the continued rapid expansion of sales that the company has been experiencing since beginning the implementation of a new strategic plan in 2008.
“We are looking forward to a strong, mutually beneficial relationship with our new partners, Taglich Private Equity,” said John Weinhardt, President/CEO of Unique Fabricating. “American Capital has been very supportive over the past seven years, but we believe that Unique Fabricating will expand its sales, market and geographic reach even faster with backing from Taglich.”
Unique Fabricating, Inc. ("Unique" or the "Company") Unique is a leader in the engineering and manufacturing of multi-material foam, rubber, and plastic components utilized in noise, vibration and harshness ("NVH"), acoustical management, water and air sealing, decorative and other functional applications within the North American automotive and heavy-duty truck markets. The Company's processes include die cutting, thermoforming, compression molding, fusion molding and assembly. Unique is headquartered in Auburn Hills, MI with sales, engineering and manufacturing operations in Auburn Hills, MI, LaFayette, GA and Monterrey, Mexico.
Taglich Private Equity LLC ("Taglich") Taglich is a private equity firm that has been investing in lower middle market manufacturing, business service and consumer product companies since 2001. Taglich seeks to partner with management teams that can take advantage of its expertise and background in order to optimize a company's growth potential.
On November 28 Pradeep Singh, General Motors Supplier Quality Manager, and Rich Uhllman, General Motors Supplier Quality Engineer, visited Unique Fabricating's World Headquarters in Auburn Hill, Michigan to acknowledge our achievement as a 2012 General Motors Supplier Quality Award for Excellence recipient. This honor was earned over the past twelve months through world class performance in numerous categories including; PPM metric, plant disruptions, program management, field actions, customer satisfaction PRR, and quality PRR. Only 7% of GM's 4000+ supplier base have met these stringent metrics. John Weinhardt, Unique Fabricating CEO and President, accepted the award stating that "General Motors has been a strategic customer for Unique Fabricating for over twenty years and our mission will be to earn this recognition, and new award, every year".
Unique Fabricating Receives Johnson Controls 2012 Gold Supplier Award
Plymouth, Michigan (September 26, 2012) - Johnson Controls today awarded Unique Fabricating with a 2012 Gold Supplier Performance Award for it's leadership and commitment to excellence through-out the past year. One of only eight suppliers to receive a coveted Gold or Platinum Award, this is Unique's third consecutive JCI Supplier Performance Award. John Weinhardt, Unique Fabricating President and CEO, said "our partnership with Johnson Controls is strategic to our success and we will continue to invest in our commitment to provide their engineers with innovative, cost effective, application solutions through material, manufacturing, and minority development. We appreciate the confidence we have been shown but understand the improvement necessary in order to continue to earn new business at Johnson Controls."
On April 27, 2012, The Detroit Free Press recognized Unique Fabricating as a 2012 Michigan Green Leader in Automotive Innovation. Unique has implemented a close loop recycling process where our scrap polyurethane foam waste goes to InfiChem Polymers, and a new polyol is manufactured for automotive and industrial applications. This innovation will provide all automotive OEMs the ability to continue the industry's quest of developing environmentally conscious vehicle components. We are proud of our work with InfiChem Polymers and want to thank the Detroit Free Press for their environmental leadership.
Please contact Brad Hazen (248-409-4546) or John Reynolds (248-766-9896) if you need material information and if you have questions as to how Unique Fabricating can assist in your company's "Green" initiatives. Article link: http://www.freep.com/apps/pbcs.dll/article?AID=2012203110469
In October, Unique Fabricating participated in the 2010 IZB Supplier Conference in Wolfsburg, Germany. The event gave UF the opportunity to introduce; our "Green" / Recycled acoustical material (corrugated cardboard / PET construction) assisting the industry in reducing its carbon footprint and helping OEMs meet their "Zero" landfill goals, and second, our foam duct technology which delivers competitive performance while providing 80% weight reduction vs. similar blow molded plastic ducts.
During the final day of the conference UF hosted a visit by the United States Ambassador to Germany, Phillip D. Murphy, who thanked us for participating and asked that we continue to lead the automotive industry by investing in environmentally friendly materials and processes.