Bil-Jax management has led a buyout of the Ohio-based company from its German parent plettac AG. Details of the purchase, which became effective Dec. 12, were not disclosed. Bil-Jax is a 57-year-old manufacturer of scaffolding systems and supplier of aerial lifts, hydraulic lift trailers and event staging and seating equipment. The buyout team included Jeff Ott, president and chief executive; Chuck Hutchinson, president of sales and marketing; Tom Truesdale, vice president of finance; Dave Brinegar, engineering manager; and Steve Fryman, director of purchasing. Investment firm Centerfiled Capital also participated in the buyout.
Bil-Jax management buys company
Dec 28, 2003