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MPI Corporation hires Jeff Pratt as VP of M&A

INDIANAPOLIS, IN – January 18, 2016. MPI Corporation welcomes Jeffrey S. Pratt as the newest member of the corporate staff. Mr. Pratt will serve as Vice President, Mergers and Acquisitions, responsible for evaluating and acquiring existing businesses to diversify the holdings of MPI Corp.

Jeff Pratt joins MPI Corp with over 25 years of experience in finance and investment banking, most recently as founder and Managing Director of Creekview Capital, LLC, a merchant banking firm focused on secured investments to grow small businesses. Prior experience includes regional manager and team leadership roles with JPMorganChase in Detroit, Chicago, Dayton/Cincinnati, and Indianapolis. After Chase, Jeff established the Indiana advisory office for Brady Ware Capital, a business advisory and investment banking firm. Jeff was also a Senior Commercial Banker for STAR Financial Bank where his focus was on helping business owners find solutions to their problems. Jeff Pratt brings to the position not only years of banking experience, but also the perspective of an entrepreneur and business owner, as he is also a shareholder of Midwest Parts Team, a family owned chain of NAPA Auto Parts stores.

“We are excited to have Jeff as a part of the MPI Corp team,” says Clay Barnes, President & CEO of MPI Corporation. “Not only does Jeff bring a wealth of relevant experience working with privately-held, middle-market companies in the Midwest, but he also lives by strong personal values that are aligned with our values of integrity, excellence and service that will help us further our mission to build businesses and enrich lives.”

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MPI Corporation Acquires C. H. Ellis Company

INDIANAPOLIS, IN – December 1, 2015. MPI Corporation, an investment holding company based in Indianapolis, today announced that they have acquired the assets of C. H. Ellis Company, Inc., a manufacturer and distributor of stock and custom cases for industrial customers.

“MPI Corporation is excited to be the next steward of a company that has been serving its customers with custom products since 1902,” says Clay Barnes, President & CEO of MPI Corporation. “The acquisition will provide MPI Corp the opportunity to diversify into multiple industries and further our mission of building businesses and enriching lives by deploying our talents to transform businesses.”

C. H. Ellis Company is a leader in the design and manufacture of customized cases for various applications, including military, medical and industrial. C. H. Ellis produces aluminum, ATA, plastic, and soft-sided sewn cases complete with inserts customized to transport, store and protect instruments, tools and devices produced or used by its customers. The primary manufacturing facility and headquarters of C. H. Ellis is in Indianapolis, with support from supply partners around the world. More information can be found at http://chellis.com.

“We are pleased to have found a buyer who will care for our people and our customers as much as we have,” said former C. H. Ellis President and shareholder, Robert Able, who will continue to run the operations side of the business after the transaction. “We are looking forward to watching C. H. Ellis continue to thrive and grow with the support that MPI Corporation can bring.”

“We have plans to modernize the operations here in Indianapolis and further enhance our products and capabilities to meet the changing wants and needs of our customers,” says Jeffrey Hale, the newly appointed President of C. H. Ellis.

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MPI Corporation Adds Three New Hires

 

INDIANAPOLIS, IN – February 27, 2015. MPI Corporation has hired three professionals to increase capabilities and capacity in Human Development. Core to MPI Corporation’s mission to build businesses and enrich lives is the development of its people in their professional, leadership, and personal skills. Through investment in our people, we can build prosperous businesses that have lasting effects on the communities in which they operate, and on the people they employ and serve.

Patrick Caldwell has joined MPI Corporation as Human Development Manager for Corporate Programs. His responsibilities will include the creation and management of our onboarding program, management training programs, performance coaching system, and coordination of the Work & Beyond programs. Patrick will be helping determine areas that could use improvement, and implementing plans for better personal development company-wide.

Michael Federspill has joined MPI Corporation as Human Development Manager for Skills & Recruitment. His responsibilities include management recruitment, development of technical training curriculums, and developing and managing our skills assessments and databases. Michael will be working with universities, high school career centers, local agencies, and others to recruit talent and assess fit within our culture for the operating companies of MPI Corporation. He will also be responsible for assessing gaps within our skillsets, and assisting with succession planning and career development.

Doug Wilburn has joined MPI Corporation as Professional Skills Development Manager. Doug will be reviewing and improving current procedures in manufacturing operations. Doug will assess skill levels in key technical positions and develop, prioritize and execute skill development programs to ensure an internal supply of technical human resources to support the growth of the businesses.

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Densborn named Youn Impact Scholar

CHICAGO, IL – June 2, 2014. Elissa Densborn, Director of Enterprise Risk Management for MPI Corporation, has been named as a Youn Impact Scholar by the Kellogg School of Management at Northwestern University. Ms. Densborn, a 2014 MBA candidate, is one of only five students so honored.

The Youn Impact Scholars program is designed to recognize and support Kellogg students and alumni in their efforts to influence public policy and leverage private sector resources to accomplish positive social change. Ms. Densborn was recognized primarily for her work as an adviser to Byoearth, a Guatemalan, woman-owned enterprise that develops vermicomposting systems useful to sustain the most vulnerable elements of the Guatemalan population and the environment it inhabits.

Ms. Densborn, who has concentrated her graduate education in Entrepreneurship, Management, Strategy and Marketing is expected to earn her master’s degree with honors in June. She graduated with high distinction from the Kelley School of Business at Indiana University in 2007 with majors in Accounting and Finance and is a Certified Public Accountant. During her undergraduate years, she had several public sector internships, most notably with the National Economic Council at the White House. In 2011, Ms. Densborn joined MPI Corporation after a stint in the Chicago office of the international accounting firm, PwC.

“Elise’s accomplishments are emblematic of the MPI Corp mission, which is to build businesses and enrich lives,” says Clay Barnes, the President and CEO of MPI Corporation. MPI Corporation is a multi-national investment holding company headquartered in Indianapolis, Indiana.