Lighthouse for the Blind-Saint Louis Acquires Adhesives and Sealants Manufacturer
Lighthouse for the Blind-Saint Louis (LHB), a not-for-profit manufacturing and packaging organization, recently announced it has acquired all assets of Val-A Chicago Inc., manufacturer of the Tear Mender® brand of adhesives and sealants. The deal, which closed on June 5, is expected to increase Lighthouse revenues and employment at its two manufacturing and shipping plants in St. Louis county by expanding operations, providing more employment for people who are blind or legally blind, and increasing income to support outreach programs for visually impaired people in Missouri and southwestern Illinois.
“Our acquisition of Val-A Chicago, Inc.’s Tear Mender products provides LHB with a full line of adhesive and sealant products that are well-known and popular with consumers,” said John Thompson, president of LHB Industries. “This acquisition gives LHB more exposure in commercial retail markets in addition to our current business in government and military sales, along with sales of our Quake Kare emergency survival kits for families, individuals, and businesses.