Mergers & Acquisitions
Original Press Release
Wisconsin Oven Closes on Property Purchase from Plymouth Tube
Press release date: April 1, 2017
East Troy, WI – April 10, 2017- Wisconsin Oven announced today that they have closed on a property purchase from Plymouth Tube. The property is located on Young Street in East Troy Wisconsin, between two other Wisconsin Oven factories. This facility offers over 130,000 square feet of manufacturing space. Wisconsin Oven’s total investment in the community will exceed $2.5M after purchase and renovation. Wisconsin Oven President and CEO, Dave Strand, commented, “We are very excited to secure this facility. Over the next year, we will be doing some extensive renovation, and plan on hiring 80-90 employees between 2017-2019.” Wisconsin Oven Corporation was founded in 1973, and has grown to be a world leading manufacturer of industrial ovens and heat treating equipment.
Find out more about Wisconsin Oven at http://www.wisoven.com/about-us/corporate-branding.
About Wisconsin Oven
Wisconsin Oven Corporation has been designing, engineering, and manufacturing industrial ovens and other heating equipment since 1973. Their custom and standard industrial ovens are used for a multitude of applications including heat treating, finishing, drying, and curing. Many of the industries they serve require specific temperature uniformity and equipment performance documentation. Their experienced design team is able to meet even the most stringent standards for their customers’ equipment. Wisconsin Oven realizes that the success of the company depends on their Championship team of employees, which is why they have developed a company culture that recognizes and rewards employees. The goal at Wisconsin Oven is to outperform competition and provide customers with outstanding products and service.
Wisconsin Oven is owned by Thermal Product Solutions (“TPS”), a leading American manufacturer of custom industrial ovens used for heat treating, finishing, drying, curing, manufacturing automation and process control. TPS is a global leader in thermal processing products and test solutions with brands including Baker Furnace, BlueM, Gruenberg, Tenney, Lindberg/MPH, Lunaire, and Wisconsin Oven. For more information on equipment solutions from TPS visit the website at www.thermalproductsolutions.com.
2675 MAIN STREET
EAST TROY, WI 53120 USA