FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Press Releases / Read Press Release

Print

Blissfield Manufacturing Retains Heritage Equity Partners

March 08, 2016, 07:50 AM
Filed Under: Manufacturing


Blissfield Manufacturing (“Blissfield” or “the Company”), a metal fabrication and distribution company, has retained Heritage Equity Partners (“HEP”) to seek debt or equity financing, a joint venture partner, or a buyer for some or all of their distinct business units.  The Company specializes in heat transfer technology within the automotive, off-highway vehicle, commercial refrigeration, and industrial equipment markets, and has recently rolled out a “Green Technologies” division, which encompasses a variety of environmentally friendly products ranging from restaurant filtration to waste-water remediation systems.

Blissfield Manufacturing was founded in 1946 and is a fourth generation owned business.  The Company operates out of a 245,000 square foot facility with capabilities that include complete system design, testing and manufacturing, self-contained condensing units, precision laser-cutting, sheet metal fabrication and contract hydrogen brazing.  The Company also supplies automotive oil coolers, off-highway oil coolers, and refrigeration compressors, condensers and evaporators to a customer base around the world.  Blissfield has been the exclusive North American distributor of Dorin compressor products for over 20 years, and has rights to distribute the products in 15 countries.  In addition, Blissfield Manufacturing has patented gasification technology for the environmental clean-up and treatment of wastewater.

According to Hank Waida, a Managing Director at HEP, “This is an outstanding opportunity to gain expertise, new proprietary products, and significant capacity in several distinct markets.  The business units are offered individually and as an entirety, and the building can be leased or acquired.”

Heritage Equity Partners, formerly Equity Partners, Inc., based in Easton, MD, provides investment banking services and has completed in excess of 450 engagements throughout the United States since 1988. 





Week's News



Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.