Is hufcor still in business?
Hufcor is a manufacturer of collapsible partitions and glass walls. It was founded in Janesville, Wisconsin, in 1900 and has been a world leader in its industry. Then in 2017, in its 117th year of operation, OpenGate Capital purchased the still-profitable company.
Who bought hufcor?
Opengate Capital
The Guardian: After Opengate Capital acquired Hufcor, a Wisconsin company that ‘treated people like they were family’, it announced plans to move 166 jobs to Mexico. The Guardian exposed how things deteriorated soon after OpenGate Capital acquired Hufcor, a family-owned company founded in Janesville 120 years ago.
Why did hufcor close?
Bishop, the company spokesperson, said Hufcor has suffered “significant negative economic effects” tied to the COVID-19 pandemic in the U.S. and elsewhere in its global footprint, which includes operations in Asia.
What does hufcor in Janesville make?
Founded in 1900, Hufcor offers a comprehensive selection of operable walls, accordion doors, glass walls and room dividers. Hufcor products are used in some of the world’s finest hotel meeting rooms and ballrooms, educational and healthcare institutions, convention centers, recreational and commercial facilities.
What did hufcor do?
Hufcor operated at various locations in Janesville since 1902 and was initially a manufacturer of porch shades and awnings, woven hammocks, and factory windows with built-in blinds.
Is hufcor in Janesville WI closing?
Janesville-based Hufcor, which was acquired by OpenGate Capital in 2017, is scheduled to close its plant in the near future. OpenGate is moving the operations to Mexico, where workers will build specialty room dividers that have been made locally for many years.
Where is hufcor located?
Janesville, Wisconsin
Hufcor is an American company based in Janesville, Wisconsin. Founded in 1900.
What did hufcor make?
Meredith Bishop, a spokesperson for Hufcor, told The Gazette in an emailed statement Thursday that the company, known for making accordion-style door systems and portable room partitions, plans to keep its research and development, testing, and customer service operations in Janesville but that the manufacturing …