Postle Aluminum Makes Dividend Distribution to Shareholders
Postle Aluminum Company, LLC, an Elkhart, Indiana based portfolio company of Strength Capital Partners has paid a dividend distribution to shareholders. The dividend distribution in the amount of $3,000,000 was paid from operating cash flows and represents the third such dividend distribution paid in 2014. The dividend distribution highlights the financial strength and significant cash flow generating nature of the Company.
Postle Aluminum Company is a leading manufacturer and distributor of stock and custom aluminum extrusions serving a wide range of industries including recreational vehicles (RV), fencing, marine, specialty trailers, leisure, and building products. Postle operates a distribution center in Elkhart, IN, four extrusion presses and a wet coat paint line at a facility in Cassopolis, MI, and fabrication and powder coating facilities in Elkhart, IN.