7/7/2014 1:09:00 AM
HEADLINES
ACQUISITION: Morawa Sells JM Die to Chicago Holding Company
JM Die Company was acquired from founder John Morawa by d’Anconia Holdings, a Chicago-based private equity firm. JM Die is now operated by partners Mike Jones and Paul Manzano.
Manzano is CEO and Jones is president and COO. Email: mjones@jmdie.com
JM Die manufactures carbide and steel cold heading tooling for the fastener industry.
J.M. Die is an ISO9001:2008 certified manufacturer of tight tolerance, precision tools and dies; high performance segmented tooling; and Altracs tooling for light alloy applications. Customers are primarily American manufacturers.
Morawa founded JM Die in 1990 with six machines in a 2,500 sq. ft. facility while he held a full time position at a fastener company.
The company now has 55 employees in a 25,000 sq ft facility near Chicago’s O’Hare International Airport. JM Die is located at 299 Beeline Dr., Bensenville, IL 60160. Tel: 630 616-7776 Fax 630 616-7778 Email: info@jmdie.com Web: jmdie.com
d’Anconia, founded by Manzano, seeks private investments focusing on family-owned manufacturing companies. d’Anconia is headquartered at 300 N. LaSalle St., Chicago, IL 60654. Tel: 312 803-1774 Email info@danconiaholdings.com
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