JPW Industries, Inc., headquartered in La Vergne, Tenn., announced it has reached an agreement to acquire Edwards Manufacturing of Albert Lea, Minn.
JPW is a global designer, marketer and distributor of branded metalworking and woodworking equipment and specialty shop tools sold under the JET, Powermatic, Wilton and Promac brand names. The company has operations in six countries and sells in markets worldwide.
Edwards Manufacturing was founded in America in 1875 by Charles Douglas Edwards and has been owned by the Hanson family since 1953. Edwards manufactures industrial ironworkers, hydraulic accessory tools, ironworker tooling, punches and dies, and specialty tools, including the innovative, portable, hydraulic Edwards Strut Pro. Edwards products are proudly Made in America and broadly distributed through metalworking dealers in North America and worldwide.
Robert Romano, JPW CEO, said: “In Edwards Manufacturing, JPW has acquired a strong brand, outstanding American Made products and a skilled workforce. We will maintain the Midwestern manufacturing facility in Albert Lea, Minn. When combined with JPW’s sales and marketing reach, we expect to significantly expand Edwards’ presence in its core markets and beyond.”
Alexis Friend, Edwards President, stated: “Joining forces with JPW will enable Edwards to leverage its respected brand, innovative product designs and highly skilled employees. With JPW’s professional sales and marketing capabilities, we expect to significantly strengthen and expand our position in existing and new markets.”
