AGT transitions business to Direct Source International
Direct Source International has acquired the assets of Advanced Global Technologies, Mount Laurel, N.J., in a transaction effective the last day of 2008, according to a March 26 release. AGT specializes in global sourcing of components supplying OEM manufacturers in the window/door and industrial markets. Products include aluminum/vinyl extrusion, metal stamping, die casting, injection products and screen cloth for use in the window/door and industrial markets. In addition, the existing staff of AGT has transitioned into the DSI organization.
“As we are all aware the current housing and financial market turmoil has touched every one from consumers to manufacturers and suppliers," said Judy Lipski, president, DSI, in the release. "Certainly, the past 16 months have presented tenuous times for those of us in the industry, but we also feel that the industry will turn and now is the time to position ourselves for future opportunities. It will be business as usual and the transition from AGT to DSI will be seamless to our existing and new customers.”
Direct Source International operates offices in Marlton, N.J., and Shanghai, China.