RKCA Investment Banking’s Post

We are pleased to announce the successful sale of Johnson Welded Products, Inc. (“JWP” or the “Company”), a leading manufacturer of air reservoirs – also known as air tanks – used primarily in heavy vehicle braking systems. The transaction closed in March 2024. JWP, based in Urbana, Ohio, was founded in 1970 by Truman Johnson, who drew upon decades of manufacturing and welding experience. Truman Johnson passed in 1981 when the company had fewer than twenty employees. Lilli Johnson, Truman’s wife, assumed the role of President and has since led the company alongside her children, who have held and continue to hold various leadership positions. The family has been instrumental in driving remarkable growth. JWP now employs over 400 people and sells more than one million tanks annually. JWP was acquired by Tramec, LLC, a group of manufacturing and distribution companies headquartered in Oak Brook, Illinois. Tramec’s companies operate across several vertical markets, including commercial vehicle and automotive, industrial, HVAC, lawn and garden, recreational vehicle, marine, construction, and agriculture throughout North America, Asia, and Australia. Tom Compton, Managing Partner at RKCA, represented JWP in the transaction. //Disclaimer---- The persons providing the testimonials on this website have experience in the services that RKCA, Inc. provided. Their respective experience with RKCA, Inc. may not be representative of all other Clients of RKCA, Inc. Testimonials are not paid for by RKCA, Inc. Testimonials do not constitute a guarantee of future performance or success related to any product, transaction or service.   This information should not be construed as a recommendation, offer to sell, or solicitation of an offer to buy a particular security or investment strategy. This material is for informational purposes only and should not be relied on for accounting, legal, or tax advice. Though the information is deemed reliable, there is no guarantee of accuracy, completeness, or suitability for any purpose and there is no warrantee with regard to the results to be obtained from its use.     © Copyright RKCA. All rights reserved. RKCA, Inc. is a registered broker-dealer and member of FINRA/SIPC. All securities transactions are conducted through RKCA, Inc. Non-securities engagements are conducted through RKCA Services, LLC. Investing involves the risk of loss. Past performance is not indicative of future results.