NEED TO KNOW
Independent investment firm MML Capital Partners (Stamford, CT; www.mmlcapital.com) has partnered with the management team of PaR Systems Inc. (Shoreview, MN; www.par.com) to acquire PaR from American Capital Ltd. (Bethesda, MD; www.americancapital.com). PaR provides material handling and automation equipment. . . . Contract manufacturer SMC Ltd. (Somerset, WI; www.smcltd.com) has acquired contract manufacturer and custom injection molder Stoesser-Gordon Plastics (Santa Rosa, CA; www.stoesser.com). The West Coast location features 62,000 sq ft of manufacturing space and is equipped with 38 molding presses and a Class 7 cleanroom. . . . Multivac Inc. (Kansas City, MO; www.multivac.com) has created a new business unit dedicated to rebuilding and reselling previously owned Multivac equipment. The machines will be resold with a warranty certifying that they’ve been inspected, tested, and restored to the company’s specifications with its own parts. . . . To reflect its expanded capabilities, Extrusion Dies Industries LLC (Chippewa Falls, WI; www.extrusiondies.com) has redesigned its Web site. Offering product literature and reports in several languages, it features detailed information on the company’s die systems and aftermarket services. . . .Universal Air Filter (Sauget, IL; www.uaf.com) has partnered with 3D ContentCentral to provide 3-D CAD air filter design capabilities on the Web. Engineers can access the free component drawings and resources to configure and visualize models before downloading them.