OSSEO, Wi. - Private investment firm Building Industry Partners (BIP) has acquired SourceCut Industries, a manufacturer of wood components, millwork, cabinets, and laminated products.
BIP formed North American Specialty Laminations, a new building products partnership, to lead SourceCut. At its helm will be SourceCut founders Brad and Zach Wiedenhoeft and building industry veteran Ted Rock.
The Wiedenhoefts will support Rock who will serve as CEO of North American Specialty Laminations. SourceCut Industries will retain its business name.
“We’re excited to kick off our new specialty component manufacturing platform with SourceCut as our foundation, and are looking forward to working alongside the Wiedenhoeft family to build on all they have achieved," said BIP founder Matt Ogden. "We’re also introducing a proven, growth-minded manufacturing leader in Ted Rock, growth capital, and a commitment to driving enhanced results for our employees, customers, and business operations overall.
Founded in 1999, SourceCut is a manufacturer of laminated, composite, and wood components serving the residential and commercial window and door, cabinet and casegood, architectural millwork, furniture, and fixture/display industries.
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