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TAYLOR MADE GROUP®
TO ACQUIRE PERIMETER INDUSTRIES
GLOVERSVILLE, NY - October 15, 2003 - Taylor Made Group® today
announced an agreement to acquire Perimeter Industries, a major
supplier of docking and mooring products for the boating industry.
Dennis Flint, president of the Taylor Made Group, said, “The purchase
of Perimeter Industries is in line with our strategy of growth through
acquisition to augment our strong internal R&D programs, in
our core businesses and markets.”
Taylor Made Products, a member of Taylor Made Group, is one of
the largest and most innovative suppliers of marine aftermarket
products, including buoys, fenders, boat covers, bimini tops, dock
products, flags, pennants and hardware.
Based in Gardena, California, Perimeter Industries manufactures
several product lines including mooring whips, a wide range of dock
and post bumpers, and a number of specialty docking, sailing products
and boat
parts and accessories.
Jason Pajonk, president of Taylor Made Products, said, “The acquisition
of Perimeter Industries is a natural extension of our growth in
the Dock Products category and compliments our strong market position
in boat fenders and buoys.” In the last 24 months, Taylor Made has
added a number of docking products to its catalog with the introduction
of extruded dock edging, dock steps, mooring whips and floats.
Pajonk noted that Taylor Made Products will maintain the Perimeter
brand name, but will shift manufacturing of the Perimeter products
to its plant in Gloversville, New York.
The Taylor Made Group, Inc., headquartered in Gloversville, has
95 years of experience as one of the recreational marine industry’s
largest, most diversified suppliers. The Taylor Made Group includes
Taylor Made Products, Taylor Made Systems and Taylorbrite LLC. The
Group operates 11 facilities in the United States, the Republic
of Ireland, Australia and New Zealand. Employing more than 800 associates,
its products are distributed through a worldwide distribution network.
Contacts:
Jason Pajonk
Jim Rhodes
Taylor Made Products
Rhodes Communications
+1 518 773 9400
+1 757 451 0602
Web: http://www.taylormadegroup.com
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