As part of the acquisition, W.R. Cobb has secured all of Ballou’s intellectual property, equipment, tooling, and their management team.
“The acquisition of B. A. Ballou is a major strategic opportunity for our company,” said Roderick Lichtenfels, chief executive officer of W.R. Cobb. “For the past 130 years, W.R. Cobb has competed with the 140-year-old B.A. Ballou. The two companies have been the leaders in manufacturing high quality jewelry findings and the combined company creates a powerful global manufacturer.”
Cobb/Ballou Findings will focus its manufacturing in the United States at its facilities in Rhode Island. In addition to the Rhode Island headquarters and manufacturing operations, Cobb/Ballou Findings will operate offices in Ireland, England, Vietnam, Thailand, India, and Hong Kong.
Combined, Cobb/Ballou Findings will operate sales offices in more than 20 countries around the world. Additionally, immediate steps are being made to add all of Ballou’s products onto the www.WRCobb.com.