# Compco Industries finalizes acquisition of Quaker Manufacturing

Compco Industries finalized the purchase of the assets of Quaker Manufacturing Corp. on June 23, 2017. The company will be renamed Compco Quaker Manufacturing Inc., with no immediate staffing changes. Quaker had previously warned 115 employees of a potential closure.

- Type: Acquisition
- Announced: 2017-06-01
- Where: Salem, Ohio, United States
- Jobs: 115
- Status: completed
- Products: tank heads, pressure vessel components
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Compco Industries](https://endata.com/companies/24615.md) (acquirer)
- [Quaker Manufacturing Corp.](https://endata.com/companies/24616.md) (target)

## Sources

- [salemnews.net](https://www.salemnews.net/news/local-news/2017/06/compco-finalizes-deal-to-buy-quaker-mfg/), 2017-06-01: "We are very pleased to have this opportunity to grow our company in our home community of Columbiana County."

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