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Stamford, CT-based Stamford Industrial Group, Inc. successfully executed its asset redeployment strategy by acquiring Concord Steel on October 3, 2006. This business will serve as the initial platform for its strategy to become a global, diversified industrial manufacturing company. Concord is one of the nation's leading independent manufacturers of steel counterweights that are incorporated into a variety of industrial equipment including aerial work platforms, cranes, elevators and material handling equipment.

Stamford Industrial Group is seeking opportunities to grow through acquisitions in both domestic and international markets and is targeting manufacturing companies with the following attributes:

  • Solid and defensible market and product positions
  • Attractive organic growth opportunities
  • Ability to improve operational performance
  • Complement existing businesses or create new platform opportunities

Potential investment candidates should contact Al Weggeman at (203) 428-2200, Michael Androutsos at (203) 428-2209, or info@stamfordig.com.