Bonnell acquires Futura

Bonnell has announced that its parent company, Tredegar Corporation has agreed to acquire 100% ownership of Futura Industries. Upon the closing of the transaction, which is expected by mid-February, Futura will become an operating division of Bonnell Aluminum. Futura, headquartered in Clearfield, Utah, with a national sales presence and particular strength in the western U.S., designs and manufactures a wide range of extruded aluminium products for a number of industries and end markets, including branded flooring trims and TSLOTS, as well as OEM components for truck grills, solar panels, fitness equipment and other applications. Futura has approximately 350 employees. Commenting…