MiTek Announces the Acquisition of the Zone Four Division of Trussed, Inc.

MiTek Inc. and Trussed Inc. announced today that Hardy Frames Inc., a subsidiary of MiTek Inc., has purchased the Zone Four division of Trussed Inc. Zone Four provides proprietary structural connections to the wood construction industry.
By: MiTek Inc.
 
Oct. 20, 2009 - PRLog -- CHESTERFIELD, Mo. – MiTek Inc. and Trussed Inc. announced today that Hardy Frames Inc., a subsidiary of MiTek Inc., has purchased the Zone Four division of Trussed Inc. Zone Four provides proprietary structural connections to the wood construction industry. Hardy Frames is the industry-leading provider of metal shear walls to the construction industry. The acquisition will allow the two companies to complement each other and to offer the industry more choices in products and services.

Ken Cloyd, CEO of Trussed Inc., said of the sale, “The combination of Zone Four and Hardy provides the best catalog of shear resisting products and establishes a framework for Hardy to continue to invent new products and innovations in years to come.”

“We are delighted to have Zone Four as part of the MiTek team. The addition of Zone Four to MiTek will allow us to better serve our customers through an even broader range of products,” stated Gene Toombs, CEO of MiTek. “Zone Four’s operations will be merged into Hardy Frames and all of Zone Four’s present employees will become employees of Hardy Frames,” explained Toombs.

Trussed Inc. is a product development company that has produced a proprietary line of optimum value engineered components that bring significant construction cycle time reduction and increase operating efficiencies in the wood frame construction process, resulting in a measurable positive impact on builder profits. Trussed Inc. (www.TrussedInc.com) continues to develop new products to benefit wood frame construction.

MiTek Inc., a subsidiary of Berkshire Hathaway Inc., is the world’s leading supplier of products and services to the building components industry. With operations on five continents, MiTek companies also develop and sell products and services in the residential, commercial, industrial and institutional construction markets. Visit www.mii.com for more information on MiTek or www.berkshirehathaway.com to learn about Berkshire Hathaway.

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About MiTek Inc: MiTek Inc. is a subsidiary of Berkshire Hathaway Inc., is the world’s leading supplier of products and services to the building components industry. With operations on five continents, MiTek companies also develop and sell products and services in the residential, commercial, industrial and institutional construction markets. Visit www.mii.com for more information on MiTek or www.berkshirehathaway.com to learn about Berkshire Hathaway.
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Source:MiTek Inc.
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