J. B. Poindexter & Co., Inc. announced the acquisition, by its wholly-owned subsidiary, Masterack, LLC, of CVP Group, LLC, the manufacturer and distributor of Masterack products. The company, now named Masterack LLC, has served the commercial vehicle market since the 1960’s with commercial-grade interiors and ladder racks designed to meet the needs of fleet customers. The company manufactures and installs one of the broadest and most diverse product-line in the industry and offers steel, composite, and aluminum cargo management solutions.
Masterack LLC, maintains its corporate headquarters in Decatur, GA, a manufacturing plant in Social Circle, GA, and five company-owned installation facilities across the United States. It will operate as an independent business unit within JBPCO.
“The Masterack brand is well established in its market and is among the leaders in product quality and innovation. It is a natural fit with our portfolio of commercial vehicles,” said John Poindexter, CEO and founder of JBPCO. “We look forward to supporting the Company’s renewed strong growth and its commitment to improving the safety and productivity of its customers’ field personnel.”
J. B. Poindexter & Co., Inc. is a privately-held, diversified manufacturing company, with operating subsidiaries engaged in the production of commercial truck and van bodies, step-vans, service/utility truck and van bodies, funeral coaches, limousines, pick-up truck bed enclosures and tonneau covers, precision machined components and expandable foam plastics. It employs approximately 6,000 team members in the United States and in three foreign nations.
