Blackford Capital Acquires Industrial Molding Corporation from NN, Inc.
GRAND RAPIDS, Mich., July 03, 2024 (GLOBE NEWSWIRE) -- Blackford Capital ("Blackford"), a leading lower middle market private equity firm, announced today the acquisition of Industrial Molding Corporation ("IMC"), an injection molded plastic products manufacturer and subsidiary of NN, Inc. (NASDAQ:NNBR), as the first add-on acquisition for its portfolio company, Davalor Mold Company, LLC ("Davalor"). IMC is an independently run subsidiary of global precision metal manufacturer NN, Inc. Founded in 1947, IMC is a leading manufacturer of precision-engineered injection molded industrial components with international blue chip customers in a wide variety of end markets. The Lubbock, Texas-base
