Saturday, July 26th, 2014
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Sunday, 11 May 2014 09:03

Fabri-Form, Penda Corp. merger complete

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Company headquartered at Friendship Drive facility in New Concord

NEW CONCORD — Local business Fabri-Form has merged with a Wisconsin-based company to increase the range and quality of services, but expects no significant changes for its 40 full-time employees.

The new company, PendaForm, is headquartered in New Concord at Fabri-Form’s 45,000-square-foot, $4 million facility on Friendship Drive. That location serves as the primary work site for the company’s engineering staff and corporate services.

Fabri-Form signed a definitive agreement in 2013 with Penda Corporation, based in Portage, Wisconsin, under a decision made by Resilience Capital Partners — the majority owner of both companies — to combine the two to encourage growth.

With the merger, PendaForm officials think they have been able to create a more resilient and efficient business for customers and shareholders.

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