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Industrial Opportunity Partners completed the strategic merger of its portfolio company Betty Machine Company into GT Technologies. Betty Machine will become an operating unit of GT Technologies, adding a seventh facility in Hendersonville, Tennessee.
“The strategic merger of Betty Machine into GT Technologies enhances GT Technologies’ machining capabilities, broadens its customer base and provides it with a strategically located facility.”iopfund.com
Summarized from public sources; check the original articles before acting on it.