WESTON, Ontario (July 3)—The Canadian market is "getting comfortable," so Jacobs & Thompson is actively looking for a smaller foam fabricating company in the U.S., said Ken Eaton, company vice president and general manager. "We're looking for someone who has good management staff so they can continue to run independently," preferably a company with sales of about $4 million, he said. Jacobs & Thompson in 2000 bought the foam division of Thomson-Gordon Inc., a $3.2 million business based in nearby Burlington, Ontario. The purchase, combined with that of Toronto-based Procan Manufacturing Inc. in 1999, took the major Canadian fabricators out, leaving smaller players to handle lower-volume runs, Eaton said. "The ones that hurt our business were the medium-sized players, and that's why we bought them," he said. "Essentially, it leaves our competition in the U.S."
Jacobs & Thompson continues to eye U.S. foam die-cutting market
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