Volume 49, Issue 6 - June 2014

Mergers&Acquisitions

Cardinal Glass Industries Acquires Northeast Laminated Glass Corp.

Cardinal LG Company, a subsidiary of Cardinal Glass Industries, completed the acquisition of Northeast Laminated Glass Corp. in Jessup, Pa., on April 21, 2014. The terms of the agreement are undisclosed. According to the announcement, the addition of Northeast Laminated gives Cardinal LG a regional presence in a rapidly growing laminated glass market. Cardinal LG will continue serving customers’ product needs from the Jessup facility.

“Founders Tom Zaccone and Larry Tumminia, and the employees of Northeast Laminated, have done an excellent job building this business and servicing their customers,” says Michael Wothe, president, Cardinal LG Company. “Northeast Laminated has a dedicated and experienced workforce, and will be a great addition to Cardinal Glass.”

Tom Zaccone, president and CEO of Northeast Laminated Glass Corp., adds, “We are excited to become part of the Cardinal family. This will bring new opportunities to our employees and take our company to the next level by adding tremendous value which will enable us to better serve our loyal customer base.”

"Tom Zaccone and Larry Tumminia, and the employees of Northeast Laminated, have done an excellent job building this business."
—Michael Wothe, Cardinal LG

 


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