Nanotex owner secures significant investment
12/04/2017
The co-founders of the company, Craig and Randy Rubin, and Lance Keziah, company president, will retain minority ownership in the new entity to be formed from the acquisition. Craig and Randy Rubin will carry the titles of founder and vice chairman of the new company, while Mr Keziah will assume the role of CEO.
The company will continue to be headquartered in Michigan, and will maintain operations at its state-of-the art research and manufacturing plant in North Carolina and its facility in Hong Kong.
Crypton said the move would allow it to “significantly enhance” its growth strategy and “dramatically expand sales”. It will also give it the opportunity to build new business lines and applications.
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