Brand FX Body Co has announced the purchase of the assets of Glasstite, manufacturer of fiberglass truck toppers. The agreement, which was completed April 4, 2005, includes the purchase of all Glasstite facilities, a 160,000-square-foot manufacturing plant in Dunnell MN, services of skilled personnel, and the company's entire product line.
Both Brand FX and Glasstite manufacture molded fiberglass products. The Glasstite manufacturing facility is near the Brand FX manufacturing facility in Pocahontas IA, providing Brand FX with additional fiberglass manufacturing capacity for all its fiberglass products. Also, the Brand FX freight network becomes more efficient, lowering the cost of transportation for all brands. In addition, the purchase of Glasstite facilities will provide Brand FX with a superior automated manufacturing line as well as extra paint lines for added capacity and productivity.
Brand FX will provide ongoing support for the operation, including allowing for the development of new designs.