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ETNA Products acquires JTM’s fluids line

ETNA Products, Inc., has acquired the metalworking fluids line of JTM Products, which is based in Solon, Ohio.

A press release said that the deal will bolster ETNA’s business focus, which is based in organic growth and strategic acquisitions. “The JTM metalworking product line brings state of the art technology to ETNA as well as a world class distribution network,” said ETNA President Mike Washington. “We believe that these core competencies are a great fit with ETNA’s state of the art manufacturing and R&D center. We will continue to evaluate additional strategic acquisitions.”

The company fully intends to continue its expansion, ETNA CEO Catharine Golden noted that the company plans to break ground on phase two of its plant expansion this spring to accommodate future growth moves.

Established in 1943, ETNA Products, Inc., located in Chagrin Falls, Ohio, is a leading supplier of lubricants for nonferrous drawing and stamping.

Read 248 times Last modified on May 3, 2023