CHURUBUSCO, Ind. (Jan. 31)—BRC Rubber Group has purchased Hawkeye Rubber Manufacturing Co. for an undisclosed amount. The acquisition couldn´t have come at a better time, said BRC CEO Chuck Chaffee. Hawkeye will help broaden BRC´s purely automotive base, bringing similar processes but new customers in the specialty industrial, agricultural, construction and heavy truck markets. The diversity will help offset losses stemming from the automotive industry slowdown, Chaffee said. BRC now is rolling Hawkeye´s Illinois and Iowa operations, which generated $8.8 million annually, into its own in Indiana.
BRC Rubber buys Hawkeye
Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].