Meteor saves Creative Extruded from permanent closure
Just about a month before Creative Extruded was set to close its doors for good, Germany-based Meteor Group stepped in to buy the Ohio-based company.
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Just about a month before Creative Extruded was set to close its doors for good, Germany-based Meteor Group stepped in to buy the Ohio-based company.
The acquisition is a reversal for Creative Extruded, which was to permanently close on Dec. 31 because another planned sale of the company fell through.
DAYTON, Ohio, March 16, 2021 (SEND2PRESS NEWSWIRE) â Creative Extruded Products is excited to announce a new manufacturing partnership with CaliBaja Manufacturing in Mexicali, Mexico. Initially, the CaliBaja location will produce Creativeâs GripFlex® line of direct-fit aftermarket moldings, which are uniquely designed and engineered for OEM vehicle-specific applications. âAs the demand increased for these products, we made the strategic decision to support our global customers by expanding our production capacity and distribution,â said Bill Mills, Vice President of Sal...