Gordon Brush Announces Acquisition of Milwaukee Dustless Brush
COMMERCE, CA, Dec. 20, 2005 - Gordon Brush Mfg. Co., Inc. has signed an agreement to acquire the assets of Milwaukee Dustless Brush, a leader in the "jan-san" marketplace.
Gordon Brush will operate Milwaukee Dustless in Wisconsin during the first quarter of 2006 and will then transition movement of all assets to their modern 51,000 square foot facility outside Los Angeles, California. The company will make a significant investment and use their financial resources to rebuild inventory levels of both raw materials and finished goods to achieve their goal of same day shipping to customers. President Ken Rakusin said, "I am excited to have the chance to help develop a high quality business that was founded in 1897, and see tremendous growth opportunities for Gordon Brush from this acquisition."
Milwaukee Dustless sells their line of products through over 1,500 outlets in all 50 states and Canada. Their philosophy and goal of continuous improvement provides their customers with the best value possible on a full line of floor brushes, upright brooms, squeegees, vehicle wash brushes and hand held utility brushes.
By comparison, Gordon Brush is just a youngster having begun business in 1951, when Milwaukee Dustless was already 54 years old. Gordon Brush is a leader in the specialized brush segment, brushes for the electronics industry, and a leading manufacturer of high quality industrial grade scratch and welder brushes. Rakusin says that the company has made a multi-million dollar investment in new state of the art brush making equipment over the last several years and will be able to use much of this equipment to improve productivity in the Milwaukee Dustless operations.
More information on Gordon Brush Mfg. Co., Inc. can be found at www.gordonbrush.com and info on Milwaukee Dustless is available at www.milwaukeedustless.com.
For Further Information, contact:
Kenneth L. Rakusin
President and CEO
Gordon Brush Mfg. Co., Inc.
(323) 724-7777 ext. 205
ken@gordonbrush.com
