Mergers & Acquisitions

Controltek - Cranford, NJ

Original Press Release

East Meets West - Control, Inc. Acquires Northwest Bank Supply

Press release date: Mar 02, 2011

It was 1869 in Promontory Point, Utah where west met east! On May 10, 1869, the completion of the transcontinental railroad ushered in new cooperation and economic advantage for both coasts.

Oregon, October 18th, 2010 It happened again. Control Inc., a leading provider of banking supplies across the United States and the producer of the PolySafe Security bag line, has acquired Northwest Bank Supply. The expanded entity brings together more than 50 years of banking supply experience. Additionally, a 180 page product catalog combined with their multiple warehouse locations and renowned customer service, now makes Control Inc. the logical and preferred source.

The former staff of Northwest Bank Supply will continue on as representatives for Control, Inc. This additional expansion for Control, Inc. will give banks and credit unions in the northwest states the same opportunity to receive superior customer service and product availability from one of the largest banking suppliers in the country.