Tacony Acquires Truvox International, Ltd.

Truvox_hq
Truvox International Ltd
is now a part of Tacony Corporation.
Final paperwork was executed on Tuesday, December 19. Truvox will become a wholly-owned subsidiary
of Tacony, effective January 1, 2007.

Founded in England in the 1930’s, Truvox was originally a manufacturer of sound reproduction equipment,
including one of the earliest portable reel-to-reel tape recorders.

In the early 1960’s, the company began producing floor
cleaning machines and is now a world leader in the design and production of
new, effective floor care equipment. The
Southampton factory employs a staff of sixty and ships
equipment to over thirty countries worldwide. Much like Tacony Corporation, Truvox has been a privately held,
family-owned business since its inception.

The marriage of Tacony and Truvox will allow both companies
to offer an expanded line of products to their customers and to enjoy cost savings
based on the larger customer base. 

On Wednesday morning, Tacony executives including CEO Ken
Tacony and President Bill Hinderer met with the Truvox team for an official
introduction. Each associate was
presented with a St. Louis Cardinals World Series Championship baseball cap and
a “Welcome to Tacony” banner that had been signed by associates at our Fenton,
MO corporate centre.

According to Ken Tacony, “Having Truvox join Tacony not only
adds 57 talented associates to our company, it brings us hundreds of new
customers throughout the United Kingdom and in over 30 countries throughout the world.

“This is an important step in building a strong international
commercial floor care business, taking advantage of our combined engineering,
manufacturing and sourcing capabilities
in Ft.Worth,
Fenton, St. James, Suzhou, and now Southampton.”

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