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Tag Archives: Patrick Industries

Patrick Industries acquires Marine Accessories Corporation

(June 11, 2018) -- "MAC's innovative marine products, and design, engineering, manufacturing, and aftermarket expertise provide us with an excellent opportunity to further penetrate the marine market and leverage our existing capabilities within our marine platform," said Todd Cleveland, Patrick. Read More »

Patrick Ind. announced share repurchase authorization

(May 18, 2018) -- Patrick Industries announced that its Board of Directors approved an increase in the amount of the company's common stock that may be acquired over the next 24 months under the company's current stock repurchase program to $50.0 million, including the amount remaining under the previous authorization. Read More »

Patrick Industries acquires another company

(April 30, 2018) -- Elkhart-based Patrick Industries has acquired RV and marine housing accessories maker Dehco, Inc. Dehco is also based in Elkhart and primarily makes flooring, kitchen and bath products, along with sealants and adhesives, electronics and appliances. Read More »

Patrick Industries reports first quarter results

(April 26, 2018) -- Net sales for the first quarter of 2018 increased $206.4 million or 60%, to $551.8 million from $345.4 million in the same quarter of 2017. The increase was attributable to industry growth, acquisitions, geographic expansion efforts, and market share gains. Read More »

Patrick Industries acquires Collins and Company

(March 19, 2018) -- Patrick Industries announced today that it has completed the acquisition of the business and certain assets of Bristol, Indiana-based Collins & Company, Inc., a distributor of appliances, trim products, fuel systems, flooring, tile, and other related building materials primarily to the recreational vehicle market as well as the housing and industrial markets. Read More »

Patrick Industries completes acquisition of Indiana Marine Products Holdings

(March 5, 2018) -- Patrick Industries announced today that it has completed the acquisition of the business and certain assets of Angola, Indiana-based IMP Holdings, LLC, doing business as Indiana Marine Products, a manufacturer and distributor of fully-assembled helm assemblies, including electrical wiring harnesses, dash panels, instrumentation and gauges, and other products primarily for the marine market. Read More »

Patrick Industries acquires Aluminum Metals Company

(Feb. 26, 2018) -- Patrick Industries announced today that it has completed the acquisition of the business and certain assets of Elkhart, Indiana-based Aluminum Metals Company, a manufacturer and distributor of aluminum products including coil, fabricated sheets and extrusions, in addition to roofing products, primarily for the recreational vehicle, industrial and marine markets. Read More »

Patrick Industries to announce earnings on Feb. 15

(Feb. 2, 2018) -- Patrick Industries also expects to host a conference call on Feb. 15 at 10 a.m. Eastern Time to discuss results and other business matters. Participants on the call will be Todd Cleveland - Chief Executive Officer, Andy Nemeth - President, and Josh Boone - Chief Financial Officer. Read More »

Patrick Industries announces new stock buyback program

(Jan. 30, 2018) -- Patrick Industries announced that its Board of Directors has approved a new stock repurchase program that authorizes the repurchase of up to $50 million of the company's common stock over the next 24 months (the "2018 Repurchase Plan"). Share repurchases will be made from time to time through open market transactions at prevailing market prices, or in privately negotiated transactions or otherwise. Read More »

Patrick Industries announces proposed offering

(Jan. 17, 2018) -- Patrick Industries announced its intention to offer, subject to market conditions and other factors, $125 million aggregate principal amount of its convertible senior notes due 2023 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. Read More »