MB Capital and GT Capital have acquired General Extrusion Inc., a strategic move expected to enhance production capabilities and expand market presence in the aluminum extrusion industry.

Target Information

MB Capital and GT Capital have recently acquired General Extrusion Inc. (GEI), a leading player in the aluminum extrusion industry located in Youngstown, Ohio. This acquisition, effective January 1, 2024, signifies a strategic move aimed at enhancing the industrial development strategies of both firms. By integrating GEI into their operations, MB Capital and GT Capital aim to cultivate synergies that will strengthen their overall capabilities.

General Extrusion Inc. has made notable advancements in manufacturing, marked by its recent installation of a state-of-the-art 8-inch extrusion press. This commitment to innovative technology and quality positions GEI favorably within the market and highlights its potential for growth under new leadership.

Industry Overview

The aluminum extrusion industry in Ohio has experienced significant growth due to increasing demand from various sectors, including automotive, construction, and aerospace. As a