Wembly Enterprises Acquires Bradford Industries In Lowell, Massachusetts
Bradford produces coated fabrics and synthetic leathers for the automotive industry as well as other consumer and industrial markets.
“Bradford has tremendous assets, in manufacturing, technology and, of course, in people.” said Sunil Kumar. “We are pleased to welcome Bradford’s employees to the Wembly family and we are thrilled to add another producer of coated products to our company.
Jay Kumar, President of Wembly-owned Universal Plastics & Mayfield Plastics, will serve as CEO of Bradford. Stephen Olsen, a Wembly Principal and co-investor in the Bradford business, will join Bradford as President.
Dick Satin, the retiring President of Bradford, said, “We’re proud of the business that we’ve built at Bradford and we see a great future for our people with the Wembly organization. The business is poised for growth and we think we’ve found the right buyer to help us in realizing the company’s potential.”
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