Hamilton Robinson Capital Partners, together with management and co-investors have recapitalized Custom Engineered Wheels, Inc. (CEW). CEW is a leading provider of custom plastic non-pneumatic wheeled products. Based in Warsaw, Indiana with additional operations in Mississippi and Mexico, CEW serves the lawn and garden, medical, industrial and material handling markets.
“We are thrilled to continue our support of Jason and the entire CEW team,” stated Brandon Richter, Principal at Hamilton Robinson. “The Company has a number of initiatives underway which are an exciting way to start the next chapter at CEW. Two out of the three production sites have already achieved zero waste to landfill and we will continue to build upon this important initiative.”
Jason Peters, Chief Executive Officer of CEW, stated, “We look forward to partnering with Hamilton Robinson over our next phase of growth. They have provided unparalleled support to our management and engineering teams and bring decades of experience in the industrial manufacturing space. CEW will continue to provide the best-in-class solutions for our customers.”
Lake City Bank, headquartered locally in Warsaw, Indiana, provided senior debt financing for the recapitalization.
ABOUT CUSTOM ENGINEERED WHEELS
Custom Engineered Wheels Inc. is a world leader in providing quality wheeled products. Based in Warsaw, Indiana, USA, we utilize a combination of extensive engineering knowledge, inimitable manufacturing experience, high grade materials, advanced automation and first class production equipment to provide innovative, non-pneumatic wheeled products to our customers. Customers rely on our consistent performance for outstanding product innovation and quality, exceptional customer service, and world class delivery. Our continual goal is to be the leading producer of durable and value add wheeled products world-wide.