Nelson Global Products and Tube Specialties Co., Inc (TSCO) Announcement
Stoughton, WI – October 31, 2016 -- Nelson Global Products Inc., a global leader in the design and manufacture of tubular and exhaust products for commercial vehicle markets and Tube Specialties Co., Inc, an industry leader of tube forming for many of the world’s largest transportation OEM’s, have combined their On Highway operations into one organization effective immediately.
Sergio Carvalho, CEO of Nelson Global Products, stated, “This will strengthen our current manufacturing footprint by allowing us to be strategically located near our customers to provide an improved value proposition. It enables the combined company to place greater emphasis and resources on products that are a critical part of our growth strategy.” The company will have an even stronger management team who have years of experience in the industry. Mark Weyhrich, TSCO’s president further stated “We are very excited about combining these companies together under the Nelson Global brand. It is a rare pleasure in the business world when such like-minded management teams have the ability to combine forces to enhance an entire industry for the benefit of their customers, vendors and employees.” The newly combined company will have a broader product offering, expanded capacity, and global reach.
TSCO was represented by Miller Nash Graham & Dunn LLP, and Nelson Global Products was represented by Reed Smith LLP.
Nelson Global Products is a portfolio company of Wind Point Partners, a private equity firm headquartered in Chicago, IL. Terms of the deal were not disclosed.
TSCO has been a privately owned business since 1963 and their corporate headquarters is in Troutdale, Oregon. TSCO has strong relationships with industry leading OE manufacturers
complement Nelson’s current customer base. TSCO’s manufacturing facilities are located in Troutdale, Oregon; Statesville, North Carolina; and Saltillo, Mexico.
About Nelson Global Products
With a 60+ years of rich engineering and manufacturing history, Nelson Global Products designs, manufactures, and markets a broad range of high performance exhaust and tubular products for OEM and aftermarket use for the global on-highway, off-highway, and power sports markets. These products include mufflers and silencers; exhaust tube assemblies; EGR and Thermal Management Tubing (TMT) for emissions systems; pressurized tube assemblies for air, hydraulic and lubrication; and structural assemblies.
The company’s operations include corporate offices in Stoughton, WI and manufacturing operations in Clinton, TN; Fort Wayne, IN; Arcadia, Black River Falls and Viroqua, Wisconsin; Cambridge, Minnesota and international operations in Monterrey, Mexico; Scoresby, Australia; Daman, Chenai, Rudrapaur, and Pune India; Rio Grande do Sul, Araucaria, Brazil; and Changzhou, China.