Aldine Invests in H3 Manufacturing Group
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.