Last week it was announced that Abtex Corp. would be acquired by an Ohio-based company. The longtime Yates County employer located in Dresen is considered a leader in brush deburring systems.
They have been located in the former Dresden Elementary School since 1988. The acquisition by The Malish Corporation earlier this month means little change for the operation in Yates.
That news came with the initial announcement, but was recently reinforced by a new report published by the Finger Lakes Times.
Jeff Malish, president and CEO of Malish Corp., said Abtex will be run as a standalone entity out of its current headquarters and manufacturing facility, according to the Times reporting. No changes are expected or planned to the business operation or employment situation.
Abtex President Jason Saner will continue to lead the Yates County operation, and noted his own excitement about the acquisition, and what it means for the company-at-large.
“This is a giant leap forward in the evolution of two well-established and industry-leading companies,” Saner said. “We look forward to leveraging the combined power of two highly-regarded companies as we mutually pursue expanding business opportunities.”
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