Palmer Foundry Palmer | 9 product development for a sporting goods firm. In Massachusetts, Roderick Jensen had passed away, passing the torch of Palmer Foundry leadership to his son, Frank Jensen, who possessed a certain forward-thinking on technology and applications in which aluminum castings could serve. The company still didn’t have a diversification in industry service, but it was making inroads. Meanwhile, after the company Dave Logan served was sold-out to another firm, he began seeking other employment, something which ultimately proved difficult even for a former professional hockey player with business management experience. “It was a very frustrating time for my brother. He looked at a lot of jobs, but no one would hire him,” explains Bob. Dave Logan switched his focus to go out and purchase his own business. Bob Logan left his job with the sporting goods firm to join his brother in the search for a company. Bob says, “It was a little stressful as my second daughter had just been born and there was no income coming in.” Dave identified a private equity group that agreed to back him, and after an exhaustive search for a company which had all the right ingredients for growing success, we purchased Palmer Foundry. As Bob says, “We saw the foundry and we really liked Frank Jenson. We liked the people that worked there and their work ethic. We also like the technology side of the business and the market it was serving. We felt that it had a lot of potential.” As part of their acquisition of the company, the brothers funded an expansion project which would lead to the opening of a new, larger facility on the same ten-acre site. The new facility was about 80 percent complete when tragedy struck. A fire swept through
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