C.H. Ellis Acquired by MPI Corp
MPI Corporation to acquire C.H. Ellis Company
INDIANAPOLIS, IN, December 1, 2015 – MPI Corporation, an investment holding company based in Indianapolis, today announced that they have acquired the assets of C.H. Ellis Company, Inc., a manufacturer and distributor of stock and custom cases for industrial customers.
“MPI Corporation is excited to be the next steward of a company that has been serving its customers with custom products since 1902,” says Clay Barnes, President & CEO of MPI Corporation. “The acquisition will provide MPI Corp the opportunity to diversify into multiple industries and further our mission of building businesses and enriching lives by deploying our talents to transform businesses.”
C.H. Ellis Company is a leader in the design and manufacture of customized cases for various applications, including military, medical and industrial. C.H. Ellis produces aluminum, ATA, plastic, and soft-sided sewn cases complete with inserts customized to transport, store and protect instruments, tools and devices produced or used by its customers. The primary manufacturing facility and headquarters of C.H. Ellis is in Indianapolis, with support from supply partners around the world.
“We are pleased to have found a buyer who will care for our people and our customers as much as we have,” said former C.H. Ellis President and shareholder, Robert Able, who will continue to run the operations side of the business after the transaction. “We are looking forward to watching C.H. Ellis continue to thrive and grow with the support that MPI Corporation can bring.”
“We have plans to modernize the operations here in Indianapolis and further enhance our products and capabilities to meet the changing wants and needs of our customers,” says Jeffrey Hale, the newly appointed President of C.H. Ellis.
About MPI Corporation
MPI Corporation is an investment holding company that invests in companies to help build them over time into better businesses and to enrich the lives of the people and institutions they touch. MPI Corp provides its companies with expert resources, infrastructure, systems, capital, and a strong values-based culture about serving with excellence and integrity. MPI Corporation presently owns several manufacturing and distribution companies based in Indiana with facilities across North America. Further information can be found at http://www.mpicorp.com.
For further information contact: