Cubic Designs Inc. in Waupaca has been acquired by MiTek Industries.
MiTek Industries, a Berkshire Hathaway company, is the world’s leading supplier of advanced engineering structural connector systems, equipment, software and services for the building components industry.
Cubic is a leader in the design, pre-fabrication and installation of custom work platforms and structural mezzanines used in distribution, processing, manufacturing, aerospace and other types of operating facilities.
“Through Cubic, MiTek is able to expand into new end markets with highly customized, tightly engineered, prefabricated structural steel products. Cubic is an outstanding fit within the MiTek family,” said Tom Manenti, chairman and CEO of MiTek. “Mike Giffhorn will continue to serve as president of Cubic, and the entire Cubic management team will remain and continue to lead the company. Cubic will operate as a separate subsidiary of MiTek.”
“We are thrilled to be part of the MiTek and Berkshire Hathaway team,” said Giffhorn. “MiTek’s approach to profitably growing a business and building outstanding organizations makes this acquisition, from Cubic’s perspective, ideal. With the strength and backing of MiTek and Berkshire, we plan to grow the business through a number of strategic programs.”
Cubic was founded in New Berlin, Wis. in 1986.
Over the past three decades, Cubic has grown substantially by delivering a full complement of unparalled design, engineering, fabrication and installation capabilities to customers across the United States.
Cubic’s sales, engineering and administration are headquartered in New Berlin, and its fabrication operations are located in Waupaca.
MiTek is based in Chesterfield, Mo. and is a diversified global supplier of engineered products, software and systems to the construction industry.
The company has operations in more than 40 countries on six continents and has been a Berkshire Hathaway company since 2001.