Lippert Components acquired Trazcor, a specialized metal fabrication company with the ability to process aluminum coil.
The Goshen, Indiana-based supplier makes custom aluminum sidewalls and panels in the North American RV and transportation OEM markets. Trazcor’s 80,000-square-foot facility processes coil in multiple forms and sizes to furnish brake, mesa and multi-blank panels in more than 50 colors.
“The Trazcor product line fits nicely into Lippert’s core manufacturing competencies,” Lippert OEM Segment President Ryan Smith said. “Every year, Lippert purchases approximately 500,000 tons of steel and 4,000 tons of aluminum, so there are immediate synergies that our two companies can realize.”
Lippert stated the company is no stranger to the metal fabrication business. In 1998, the supplier vertically integrated its own needs with a Goshen facility that now incorporates more than 153,000 square feet of brake presses, coil fed, roll-form and precision CNC machines.
“We are very close to the majority of Trazcor’s existing customers and will continue to deliver the level of service that they have come to expect from Lippert,” Smith said. “We are excited to welcome the Trazcor team to the Lippert family and are looking forward to a bright future together.”
Leading Lippert’s Trazcor sales effort will be Michael Koronkiewicz, who joined Lippert in November after five years as Welch Packaging’s VP of sales.
“There is a lot of positive energy about the opportunities that this acquisition provides,” Koronkiewicz said. “We are looking forward to growing our existing relationships within the industry and are excited to add this great product to our current product offering.”
“Trazcor has an incredible business model and remarkable products,” Lippert Chief Sales Officer Andy Murray said. “We see this as a tremendous opportunity to grow a new product line for Lippert using a strong financial background and great industry relationships. When we look at strategic acquisitions, we look for organizations that fit our core manufacturing competencies, exceptional culture and a long runway to grow the business, and Trazcor fits this model perfectly.”
