Turnstone Industrial Solutions, LLC Acquires Assets of Schauenburg Flexadux Corporation, Enhancing Its Product Portfolio
FOR IMMEDIATE RELEASE:
Date: March 3, 2023
From: Tony Calandra, Group President of Frank Calandra Inc. and Calandra Group, LLC. & Paul Funk, Managing Director, Turnstone Industrial Solutions, LLC
Subject: Turnstone Industrial Solutions, LLC Acquires Assets of Schauenburg Flexadux Corporation, Enhancing Its Product Portfolio
[Pittsburgh, PA, March 3, 2023] Turnstone Industrial Solutions, LLC (Turnstone) is pleased to announce that on March 3, it has acquired the operating assets of Schauenburg Flexadux Corporation (Schauenburg Flexadux). As part of the acquisition, Turnstone acquired certain intellectual property rights along with customer relationships and other assets. Schauenburg Flexadux will cease operations following the completion of the acquisition, and on-going sales and operations will be carried out thru Turnstones sales and distribution networks. This acquisition will allow Turnstone to expand its manufacturing capabilities, product offerings and better serve its customers throughout the USA.“We are excited to add Schauenburg Flexadux’s products to our portfolio. This acquisition will allow us to better serve our customers and further enhance our position as a ventilation solutions leader in the various markets we serve.”- Paul Funk, Managing Director – Turnstone
The terms of the acquisition were not disclosed. Turnstone will integrate the acquired assets into its existing operations.
Turnstone Industrial Solutions, LLC, a joint venture between Calandra Group, LLC and ABC Technology USA, manufacturer of world class ventilation provides ventilation equipment, specifically to mining, tunneling, and industrial temperature control markets, that promote industry leading safety and efficiency.
“The addition of fiberglass ventilation products from Schauenburg Flexadux will broaden Turnstone’s growing suite of products we already offer and improve our capabilities in the mining and tunneling sectors.”- Tony Calandra, Group President of Frank Calandra, Inc. {FCI} and Calandra Group, LLC
About Turnstone Industrial Solutions, LLC
A joint venture between ABC Technology Group USA and Calandra Group, LLC, Turnstone Industrial Solutions manufactures non-metal structural support systems, flexible ducting and semi-rigid polymer tubing products for mine and tunnel ventilation, industrial flexible ducting for temperature and environmental control, and rapidly-deployable air-stop seals and barriers. ABC Technology Group’s verticallyintegrated manufacturing experience of high-quality ventilation products, along with the support of JENNMAR’s and JENNCHEM’s leading sales and service network, offers a comprehensive ventilation product line and application solutions throughout the USA.
For Additional Information: Paul Funk Managing Director, (859) 745-8720 pfunk@turnstoneindustrial.com
The Calandra Group, LLC
Calandra Group was formed by Tony Calandra in 2013 to house Calandra’s future investments in Chemical, Manufacturing, Metal Cutting, Industrial Fabrication, Machining, Labor Services, Oil and Gas, and Conveyance industries. Today, Calandra Groups (CG) major investments include JEN NCH EM, XCAL TOOLS, XCAL INDUSTRIES, JENN MAR Services, J-Lok, and
JM Conveyors.
For Additional Information: Lisa Ferne, Executive Assistant to Tony Calandra ( 412) 963-9071
lfemc@jennmar.com
