KODA Enterprises Group announced today the acquisition of Douglas Machines Corp. located in Clearwater, Florida. Douglas is the leading manufacturer and supplier of industrial washing and sanitizing systems for food related industries. The Company designs and manufactures a broad range of systems used in the bakery, meat, poultry, food processing, packaging and distribution industries serving […]
KODA announces that it has completed a comprehensive refinancing of its senior credit facility with Berkshire Bank to allow the continuing rapid growth of Pro Air Holdings. Pro Air Holdings has two operating units, Pro Air, LLC in Elkhart, Indiana and American Cooling Technology, Inc. (“ACT”) located in York, Pennsylvania. This new financing, which included […]
KODA Realty announces the purchase of two facilities in Elkhart, Indiana and the refinancing of its facility in Sanford, Florida. The facilities in Elkhart are leased by our Pro Air operating unit and the facility in Sanford is leased by a former portfolio company, Adapco, Inc. Both of these facilities are being financed by Berkshire […]
KODA Distribution Group (“KDG”) today sold a majority of its position to Audax, a Boston based Private Equity Firm. KODA will continue to be the largest non-institutional investor and William S. Karol, President and CEO of KODA, will continue his involvement as the Chairman of the Board. Mr. Karol’s role will be as active driver […]
In February 2008, KLW Plastics, located in Monroe, Ohio began production in its second production facility in Houston, TX. Houston was selected due to its proximity to our large current and prospective customer base as well as to geographically broaden KLW’s U.S. footprint. KLW’s president, Mike Legeza, commented that “Houston allows KLW to serve a […]