4/2/2015 11:27:00 AM
NEWS BRIEFS
Paulin’s Jeyco Screw Machines To Be Auctioned

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Screw machines and precision component manufacturing equipment from Jeyco Machine Products in Canada will be auctioned on May 20, 2015.

Mississauga, Ontario-based Jeyco is a division of H. Paulin & Co.  Paulin was acquired by the Hillman Group Canada LLC in 2013.  In 2014, a controlling interest in Hillman was acquired by Hillman’s management team and CCMP Capital Advisors LLC.  Oak Hill Capital retained a “significant minority interest” in Hillman.

 

The auction includes 12 hydro mat rotary transfer machines, 27 Davenport automatic screw machines, 9 Acme Gridley screw machines plus Hydromat tooling heads, tooling units and standard loaders.

Also being auctioned by Hilco Industrial Auctioneers: Machining centers, precision testing equipment, quality control, machine shop, warehouse and forklifts. 

Registration and bidding will be on BidSpotter.com.

For information contact Hilco. Tel: 616 732-1800 or 877 374-4526 Web: hilcoind.com


For more information on Hillman and Paulin, click on the Fastener History section of GlobalFastenerNews.com:

 

2014 FIN – Hillman Buyout Deal Completed

Founded in 1964 as a fastener and keys company, Hillman acquired Canadian fastener manufacturer H. Paulin & Co. in 2013.

 

2014 FIN – Hagan: Fastener Company Acquisitions Were at Strong Pace During 2013

Last year’s 29 company acquisitions matches 2011; two short of 2012.

 

2013 FIN – Hillman Completes Acquisition of H. Paulin & Co.

Salesman’s trouble finding fasteners Led to founding of Paulin in 1920.