POSEYVILLE, Ind. (WEHT) – Nix Companies, Inc. announced Wednesday that it has acquired the assets of Heritage Custom Fabricators, Inc. based in Princeton.
For over 80 years, Heritage Custom Fabricators has provided heavy machining, gear manufacturing, and fabrication services.
It was founded in 1936 as Woods Welding & Machine by Wylie Woods. Back then, it was focused on agricultural repairs.
In 1981, Russ Butts purchased the business and renamed it Heritage Custom Fabricators.
In 2016, Sam Przymus acquired the company.
It currently operates out of a 50,000-square-foot facility.
Przymus issued this statement:
“After my time at Heritage, I recognized that with Nix at the helm the value for both organizations would benefit together much more than apart. I am looking forward to the future with a great leadership team at the controls of this ship.”
Nix Companies was founded in Poseyville in 1902 as a blacksmith shop, but it’s currently a group of small businesses combined to form a diversified metal solutions provider offering industrial products, manufacturing, and maintenance contracting.
President of Nix Companies, Matthew Nix, issued this statement:
“I am very excited and optimistic about the opportunities and benefits that this partnership brings to our core business. The machining and gear manufacturing services offered by Heritage are new additions to our product and service offerings. These are complementary to our existing services and will add immediate value to our current customers. Additionally, this allows us to control every segment of the metal manufacturing process within our company. Their fabrication capabilities are similar to our existing services but will increase our crane capacity from 20 tons to 30 tons, while also doubling our production space. The Heritage customer base will also provide additional diversity to our existing customer industry segments due to their focus on repairs and maintenance projects. We look forward to offering our full line of products and services to the Heritage customer base.”
(This story was originally published on July 10, 2019)