Ironmark, Annapolis Junction, MD: A Decade of M&A Dominance Leads to New Plant, Equipment
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Erik Cagle
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Ostenso and Hargest were able to find the ideal facility, which was centrally located in the heart of their customers' territory. And, since the existing building tenant still had a year left on its lease, that gave CPS Gumpert time to blueprint the facility to maximize production workflow.
Since the companies did not move into the same space until roughly three years following the merger, the integration process wasn't quite as arduous as it is for businesses that rub elbows within weeks after combining forces. Also, Ostenso points out, every acquired company's previous owner is still with the Ironmark organization in some capacity, perhaps a tribute to Ironmark's forward-thinking philosophy.
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Erik Cagle
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