HUNTERSVILLE, N.C. — NSI Industries LLC, a provider of electrical product solutions for more than 45 years, announced the acquisition of Duro Dyne® Corp., a Bay Shore, New York- based sheet metal manufacturer for the HVAC industry. Terms of the acquisition were not disclosed. TM Capital served as advisor to Duro Dyne.
Since 1952, Duro Dyne has been a manufacturer of sheet metal accessories and equipment for the HVAC industry, offering sheet metal contractors and installers the widest variety of products specific to their trade. The Duro Dyne acquisition adds the HVAC market to NSI’s distribution model with a company that already has a strong foothold in this industry. Additionally, both companies possess strong operational advantages within their own ranks, including customer service and product development, which allows them to combine these strengths to even better serve their customers.