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Spell Capital acquires plastic drain tile maker
April 1, 2014 By Drainage Contractor administrator
April 1, 2014, Minneapolis – GAF Manufacturing LLC, maker of HDPE drain tiles, fittings and pipe accessories for the agricultural drainage industry, has been acquired by Minneapolis-based Spell Capital.
GAF, with facilities in Wisconsin and Iowa, primarily manufactures and markets plastic drain tile, fittings and pipe accessories. The majority of GAF’s products are sold to farmers and contractors serving the agricultural drainage and commercial tubing markets.
Steve Jones, Spell Capital managing director, told Plastics News in a telephone interview that the company intends to grow the current GAF facilities in Wisconsin and Iowa.
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