|

Paradigm shifted as Falcon swoops
Falcon Diversified Manufacturing, Inc., has purchased the
company and assets of PM parts maker Paradigm Sintered Products,
of Battle Creek, Michigan. Paradigm filed for Chapter 11 status
in October last year, said Ronald Holcomb, president/CEO and
owner of Falcon.
Paradigm was formed in 1998 by Anjan Sabbani, a former GM
engineer, who purchased Bear Metals. It experienced serious
financial difficulties when Delphi, its largest customer,
filed for bankruptcy.
Holcomb, who had formerly served as vice president of Paradigm,
intends to grow the business by diversifying into new markets.
He expects to expand the current 15,000 sq. ft. plant to 60,000
sq. ft. within the next 18 months and add to the current staff
of five employees. Secondary operations equipment will be
added along with a higher compacting-press capability, exceeding
800 tons.
Back to index
|