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CMI-Schneible Group Acquires GPV
Holly, MI - May 24, 2007/PRNewswire/ -- The CMI-Schneible Group,
headquartered in Holly, Michigan, announced today it has acquired the
assets of General Purpose Vehicles (GPV), located in New Haven, Michigan.
The new organization will be named GPV, Inc.
GPV designs and manufactures advanced technology vehicles for various
national security applications. GPV's customer base includes Homeland
Security, Law Enforcement, Fire and Rescue, Disaster Response, Border
Patrol and a variety of Military Mission Roles.
This transaction reflects the CMI-Schneible Group's fourth acquisition
within four years. This successful track record with acquisitions and
integration has allowed CMI to maximize its value to improve performance
standards, as well as implement their quality initiative in manufacturing
and engineering capabilities to all business practices areas.
"This new acquisition expands CMI's market presence and capability in
the force protection and wheeled vehicle markets," says William Goetz,
Chairman, President and CEO, CMI-Schneible Group. "This business
opportunity is expected to expand rapidly as requirements for wheeled
vehicles and new military equipment that withstand insurgent attacks
increase."
The CMI-Schneible Group offers state of the art technology in machining, research
and development,
inspection and parts testing, warehousing and logistics services, cleaning and maintenance programs, and new
equipment builds through the CMI-Schneible Company. CMI-Detroit Muscle offers award winning custom and
high performance car and engine builds, a full line of car care products and the latest branded apparel for men,
women and children. CMI- Specialty Systems supplies customized chemical solutions and packaging to a
variety of industries, including automotive, aerospace, racing, paint booth, maintenance and the food service
industry.
For more information contact the CMI-Schneible Group, 209 Elm Street,
Holly, MI 48442, phone (800) 627-6508 or on the web CMI-Schneible Group http://www.thecmischneiblegroup.com or GPV http://www.gpv.com
