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IPEX, part of Aliaxis, signed a stock purchase agreement on January 19, 2022 to acquire all shares of Virginia-based Harrington Corporation (HARCO), a manufacturer of gasketed fittings; completion is expected within weeks pending regulatory approval.
Industrial distributor Harrington plans to invest over $2.4 million in a 68,000-square-foot regional distribution center in New Haven, Indiana, retrofitting an existing building, by the end of 2024. The company intends to add up to 20 jobs.