Kluft Gains Eastern Foothold with Pennsylvania Plant Purchase
May 11, 2011,
RANCHO CUCAMONGA, Calif.-Mattress maker E.S. Kluft & Co. has agreed to acquire the Park Place Corp. manufacturing and distribution center in Denver, Pa.
Terms of the transaction were not disclosed. A company statement said the facility will enable Kluft, which up to now has been manufacturing only in California, to better service accounts in the eastern and central U.S. regions.
The acquisition is expected to close later this month, after which the 86,000 square-foot facility will be retrofitted for Kluft's production processes.