FOR IMMEDIATE RELEASE
November 6, 2000 |
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GREAT LAKES BOAT TOWER CO. OPENS NEW PRODUCTION FACILITY
Company meets demand and delivery times with efficient, streamlined
operation
LAVERGNE, Tenn.—November 6, 2000—Great Lakes Boat Tower
Company, a subsidiary of Marine Accessories Corporation of Phoenix,
Arizona, is pleased to announce the opening of a new 12,000 square
foot facility, expanding its current operations. The company, a producer
of T-tops, half towers and wakeboard towers, built the new facility
in order to meet increased demand and delivery times. Built on the
Great Lakes Boat Tower’s property, the new facility houses an
efficient, streamlined production operation.
“Our company is very proud of the new facility,” explains
D. Todd Box, President of Great Lakes Boat Tower Company. “
Working with Marine Accessories Corporation has been a very positive
experience for us. They are willing to invest both time and resources
in our company so that we are able to perform at our best.”
“When we take a company under our wing, the satisfaction
of the customers is one of our first priorities,” explains
Richard N. Reyenger Chief Executive Officer of Marine Accessories
Corporation. “The new Great Lakes facility is designed to
meet their growing customer base and corresponding increased demand
for product.”
Marine Accessories Corporation is a niche marine accessories manufacturing
company with products that include boat covers, bimini tops, custom
enclosures, T-tops, half towers, wakeboard towers, and high quality
boating, fishing and boat trailer accessories. The company was formed
in 1998 by Westland Industries of Phoenix, Arizona and Prospect
Partners, LLC of Chicago, Illinois.
Prospect Partners, LLC is a $105 million private equity firm focused
on management-led leveraged acquisitions and the provision of growth
capital for lower middle market businesses with niche strategies.
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