Quanex Announces Purchase of Besten
03/22/2005 - Quanex Corp. announced the purchase of privately held Besten Inc., located in Cleveland, Ohio.
Quanex Corp. announced the purchase of privately held Besten Inc., located in Cleveland, Ohio.
Targeting the window and door industry, Besten is a well-positioned manufacturer and supplier of the equipment used for assembling and glazing insulating glass components. Established in 1974, Besten has engineered and built industry-leading, specialized machinery with a focus on increasing productivity. Besten has worked closely with Quanex's TruSeal Technologies business in developing automated insulating glass systems. Besten has 35 employees with annual sales approaching $10 million.
"Besten complements our glass sealant product line (TruSeal) and further expands the quality products and services our Engineered Products business can provide customers," stated Michael Bayles, President of Quanex Building Products. "Besten is the fourth acquisition we have made to our Engineered Products business and illustrates our continued commitment to growing our core businesses."
Quanex Corp. is an industry-leading manufacturer of value-added engineered materials and components serving the vehicular products and building products markets.