Central Moloney, Inc. (CMI), a portfolio company of Wind Point Partners, acquired Cam Tran Co. Ltd., the largest Canadian manufacturer of distribution transformers. The combined company will employ about 1,000 people and operate eight facilities across North America.
Central Moloney Inc. has acquired Cam Tran Manufacturing Co. of Canada, a manufacturer of distribution transformers. Cam Tran has 473 employees across four provinces and is Canada's largest full-line distribution transformer company.
Central Moloney expects to start construction soon on a new plant in Okaloosa County, Florida, in addition to a new plant already operating in Bay County, Florida.
Chicago-based Wind Point Partners confirmed its acquisition of Pine Bluff's Central Moloney Inc., a transformer manufacturer. The purchase price was not disclosed.
Central Moloney, Inc. selected Okaloosa County, Florida for a new 302,000 SF manufacturing facility for pad-mounted electrical transformers. The $50 million project is expected to create 350 jobs.
Central Moloney Inc. plans to establish a new manufacturing facility in Panama City Beach, Florida, investing more than $20 million. The 140,000-square-foot facility will produce pole-mounted transformers and create over 200 jobs.
Central Moloney Inc. will open a new manufacturing operation in Bay County, Florida, leasing a 140,000 sq ft facility. The company will invest over $20 million and create 200 jobs, producing single-phase pole mounted transformers.
| Site | Largest | Latest |
|---|---|---|
| Okaloosa County, United States | $50.0M | 2023-11-06 |
| Panama City Beach, United States | $20.0M | 2022-01-13 |
| Bay County, United States | $20.0M | 2022-01-12 |