# Tredegar to acquire aluminum extruder Futura Industries for $92M

Tredegar Corporation's subsidiary Bonnell Aluminum agreed to acquire 100% of Futura Industries Corporation for approximately $92 million. Futura, headquartered in Clearfield, Utah, designs and manufactures extruded aluminum products.

- Type: Acquisition
- Announced: 2017-02-01
- Where: Clearfield, Utah, United States
- Value: $92.0M
- Jobs: 350
- Status: announced
- Products: extruded aluminum products, flooring trims, TSLOTS, OEM components for truck grills, solar panels, fitness equipment
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Tredegar Corporation](https://endata.com/companies/3339.md) (acquirer)
- [Futura Industries Corporation](https://endata.com/companies/21855.md) (target)
- [William L Bonnell Company](https://endata.com/companies/21939.md) (partner)

## Sources

- [ir.tredegar.com](https://ir.tredegar.com/news-releases/news-release-details/tredegar-corporation-announces-agreement-acquire-aluminum/), 2017-02-01: "The addition of Futura to our aluminum extrusions business strengthens us on all fronts."
- [times-herald.com](https://www.times-herald.com/news/local/bonnell-to-add-new-operating-division/article_53dd6667-62a2-57ba-978f-c46a48aec04e.html), 2017-02-03: "Following our successful acquisition of AACOA in October 2012, we have been actively searching for another acquisition that meets our stated goals for broadening our served markets and value-added capabilities."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.