Investors to purchase assets of Savannah All America Millwork and Fabrication
Big Shoulders Capital and Iroquois Industrial Group have formed a joint venture to purchase the assets of Savannah All America Millwork and Fabrication in Savannah, Tennessee. The purchase will save approximately 100 jobs which would may have otherwise been eliminated.
A new company, Savannah Industrial Solutions, has been formed to manufacture metal and wood products for the restaurant, food service, healthcare, and other markets.
Big Shoulders partnered with Iroquois Industrial Group in Watseka, Illinois in the acquisition. Iroquois brings a track record of success in the metal fabrication industry with a portfolio of growing and successful companies. Shane Dittrich, president of Iroquois, is now one of the principals of Savannah Industrial Solutions.
The new Savannah Industrial Solutions is an independent company and part of the portfolio of companies currently operated by Big Shoulders and Iroquois Industrial.
Big Shoulders Capital finances and invests in privately-owned commercial and industrial companies in distress or special situations.