Bonnell Company acquires AACOA

From Staff Reports
news@newnan.com
Longtime Newnan industry William L Bonnell Co., which has its plant off Temple Avenue, has acquired another leading manufacturer of aluminum extrusions.
Bonnell parent company, the Richmond, Va.-based Tredegar Corporation, announced Monday that its subsidiary, The William L. Bonnell Company, Inc. has acquired 100 percent ownership of AACOA, Inc., a leading manufacturer of aluminum extrusions in North America.
The approximate purchase price of $50.8 million was funded using financing under Tredegar’s existing $350 million credit facility. Tredegar expects the acquisition to be accretive in the first year following the acquisition.


More Local

Plenty of July 4 options on tap

There are lots of events on the calendar Saturday as Cowetans prepare to celebrate Independence Day. • Puckett Station Arts and Crafts ... Read More


Supreme Court: EPA must consider costs of pollution regulations

After a five to four split decision on Michigan v. Environmental Protection Agency this week, the U.S. Supreme Court ruled the EPA must take ... Read More


pedal for pets

Annual bike ride fundraiser continues to grow

When Wendy Maguire and her son Robbie decided to bicycle from Senoia to Savannah before Robbie headed off to college, they had no idea what ... Read More


Woman dies in fiery crash

A 44-year-old woman lost her life in a fiery crash Wednesday night after she lost control of her vehicle and collided with a tree. About 6:5 ... Read More


Young readers may win college money

The Coweta County Public Library System is one of the many library systems across the state that is partnering with the Path2College 529 Pla ... Read More

NASCAR tracks unite, ask fans not to fly Confederate flag

DAYTONA BEACH, Fla. (AP) — NASCAR's national series tracks announced Thursday that they are asking fans to refrain from displaying the ... Read More