Boyd Corp Completes Acquisition of Action Fabricators

Boyd Deepens Global Leadership in Precision Converting

PLEASANTON, Calif.–(BUSINESS WIRE)–#Boyd—Boyd
Corporation, a global leader in thermal management and environmental
sealing solutions, announced today the acquisition of Action
Fabricators. The new acquisition will operate as a division of Boyd
Corporation – a name that carries almost 100 years of tradition and
vision committed to responsiveness to customer needs and technological
evolution.

With operations in Michigan, Tennessee and Texas, this strategically
important acquisition further entrenches Boyd’s market-leading position
in materials science-based customer solutions and bolsters its market
presence in passenger automotive, telematics and medical.

“Action is a perfect match to Boyd’s core. The business is highly
complementary to our manufacturing competencies, customers, regions,
markets, values and approach to business. We’re excited to welcome
passionate new team members to our company that continues to
differentiate by solving complex technical challenges, committing to
innovate and fully leveraging our global scale,” said CEO Mitch Aiello.
“Precision converting has become a complex industrial science
incorporating deep raw material expertise, revolutionary and widely
diverse manufacturing technologies scalable for various consumption
needs, dimensional requirements and speed, as well as custom production
parts with ultra-tight tolerances. Jon Rudolph and his team at Action
have executed well in developing a strong and scalable business in the
strategically important and dynamic end markets of automotive and
medical solutions.”

This transaction strengthens Boyd’s core competencies in sealing, EMI
shielding, electrical, acoustic and thermal insulation, vibration
absorption, bonding and mechanical damping. New customers will benefit
from Boyd’s enhanced ability to support them from any global region with
various cost models scalable to their demand and access to the most
innovative thermal management technologies available today. Boyd’s
diverse and complex solutions drive value to global customers by
optimizing product performance and efficiency, preventing unintended
device failure, minimizing wear and tear and extending product
lifecycles with a design velocity that accelerates development
time-to-market – available on three continents.

Additionally, Boyd’s manufacturing and design hubs span North America,
Europe and Asia including facilities in the United States, Canada,
Germany, Italy, United Kingdom, Vietnam, Thailand, Korea, China, Taiwan,
and India.

About Boyd Corporation

Boyd Corporation is a global provider of thermal management and
environmental sealing solutions critical to products that keep
the world running. The company operates in markets around the world with
specific expertise in engineering and design, manufacturing and supply
chain management and commits to proactive customer satisfaction across
electronics, mobile computing, medical technology, transportation,
aerospace and other B2B and consumer-critical industries. Boyd
Corporation: One Company, Many Solutions. Visit us at www.boydcorp.com.

About Action Fab

Founded in 1983, and with operations in Michigan, Tennessee and
Texas, Action is one of the leading flexible materials converting
companies in the United States, providing clients with cost-effective,
value-added custom solutions to meet their specific application needs.
Converting tapes and other adhesive backed foams, plastics and specialty
materials, Action serves clients in diverse markets including the
automotive, medical, electronics, appliance, display security, and
furniture industries. Visit us at www.actionfab.com

Contacts

Boyd Corporation
Amie Jeffries, 209-491-4715
[email protected]