Aldine is pleased to announce two new investments: H3 Manufacturing Group and Secure Personal Care Products.
H3 Manufacturing Group is comprised of Hi-Grade Welding and Manufacturing (“Hi-Grade”) and HL Precision Manufacturing (“HL Precision”). Hi-Grade is a contract manufacturer specializing in complex, custom weldments and sheet metal fabrication serving the medical, power, and transportation industries. HL Precision is a precision machining operation focusing on close tolerance parts for technology-driven end markets including aerospace and defense, scientific, and electronic. Combining the two businesses creates a platform with strong end market diversification and expanded capabilities, enabling the company to more effectively serve its blue-chip customer base.
Aldine provided a subordinated note and equity investment in partnership with Capital for Business and management.
Secure Personal Care Products (“SPCP”) is a manufacturer and marketer of incontinence products to large medical distributors, assisted living facilities and regional distributors. The company distributes its products under the name “Total Dry” and they are widely viewed as some of the highest quality products in the U.S. The Total Dry product lineup includes bladder control pads, protective underwear, briefs and underpads designed for cost-effective solutions to the adult incontinence market.
Aldine provided a subordinated note investment in partnership with AMJ Capital and management.