Milan's Machining Purchases Assets of Versa Tech
On February 26, 2002 Milan's Machining & Manufacturing Co., Inc. purchased substantially all of the assets of Versa Tech through a sale which was conducted with the approval of the Bankruptcy Court in Chicago. Milan's Machining & Manufacturing Co. is a premier manufacturer of quality machine parts and has been providing machining services and parts to the Graphic Arts Industry since 1969. The Versa Tech assets acquired included all of the engineering drawings, intellectual property, inventory and machinery. Versa Tech's customer list includes those companies worldwide using Versa Tech, Baldwin, and Gregg inline finishing systems and components.
ILF Technologies is a world-leading supplier of web finishing solutions for the printing and converting industries with over 500 installations worldwide.
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