Foodservice Equipment Reports

Component Hardware Merges With JHL

Component Hardware Group and JHL Enterprises, two leading makers of plumbing and hardware products for the foodservice industry, are merging. Under the definitive agreement effective March 2, JHL will be fully integrated into Component Hardware. Harry Franze retains his position as president and CEO of the combined businesses. J. Howard Levine, CEO of JHL, will stay on in a consultant role.  "From the start of our discussions it became apparent that merging our companies would provide the platform for JHL to continue its growth trend while providing Component Hardware with access to new markets," said Franze.

The combined company will be headquartered in Lakewood, N.J., and retain a warehouse in Rancho Cucamonga, Calif.  In the near-term, the company's main priorities will be to seamlessly unify its product lines and services.  Component Hardware will continue to service all existing JHL customers and support its commitments.