Axon Corp Styritech

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The Jordan Company ( www.thejordancompany.com ), founded in 1982, is a leading middle-market private equity firm with over $5 billion of assets under management and a successful track record of investing in and growing businesses across a wide range of industries. The firm's partners have been investing together for more than two decades, establishing The Jordan Company as one of the most experienced and stable investment teams in private equity.

"By providing a single source for integrated solutions and a wide range of standalone products, Pro Mach solves strategically important packaging operations challenges for a diverse range of customers every day," said Brian Higgins, Principal, The Jordan Company. "Pro Mach and its brands have an excellent reputation for consistent delivery of exceptional products and support to its demanding customers, many of whom have been customers for more than 20 years.

"Our outstanding management team, which transformed Pro Mach from a collection of individual brands to a leading integrated solution provider, will remain intact and continue to lead our growth and execute our strategy," added Mr. Anderson. "The Jordan Company, with headquarters in New York and offices in Chicago and Shanghai, China, will provide significant support for Pro Mach and its management team to draw upon as we continue to grow our company and fulfill our highest priority - serving our customers.

Ossid, based in Rocky Mount, NC, is a manufacturer of high-speed tray packaging, weigh/price labeling equipment and form fill seal packaging solutions. Ossid provides solutions across numerous markets, including fresh and processed meats, medical devices, convenience foods and consumer goods.

RALEIGH, North Carolina — Axon, powered by Pro Mach, announced today that packaging industry veteran Bob Williams has joined the division as Vice President of Sales and Marketing. Axon is a leading manufacturer of fully automated, heat-shrink labeling, tamper-evident banding, and stretch-sleeving equipment. In the past three years, Axon has introduced the most advanced series of new products in terms of productivity and flexibility in its more than 30 year history.

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