Kraftmaid, Merillat group Cabinetworks to be acquired by Platinum Equity

LOS ANGELES – Platinum Equity announced it has entered into a definitive agreement to acquire the Cabinetworks Group from American Industrial Partners, GIC and other equity holders. Terms of the acquisition, announced April 5, were not disclosed. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2021.

Corsi cabinets invests $1.4 million, boosts capacity by 58 percent

INDIANAPOLIS, Ind. -- The Corsi Group has invested $1.4 million in several improvements to their Elkins, West Virginia, production location. Included in the upgrades are a new automated finishing system comprised of a two-arm, oscillating spray machine, automated brush sander, an anti-dust panel cleaner, new finish pumps and air-mix guns, and an electronic mixing and dosing system. Additionally, the location has a new single-sided edgebander with touch screen control, which came online in February.