Netherlands company buys part of Hess Industries

A Netherlands company has purchased part of a Niles business that closed its doors last spring.

Fontijne Grotnes bought the intellectual property of Hess Industries, including Formitt Metal Labs, a division of Hess. It will now be called Fontijne Formitt, Inc.

They plan to maintain part of the production facility in Niles. The rest will be handled at their Buffalo Grove, Illinois facility.

Fontijne Formitt is starting activities in Niles with about 15 employees.
Nearly two hundred people lost their jobs when Hess closed in June.

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