Funder America acquired by Genesis Products

By Dale Gathright, Jr., 03/22/23 10:59 AM

GOSHEN, IN –  Genesis Products has entered into an agreement to purchase Funder America, Inc. The acquisition, expected to close during the first quarter of the year, positions Genesis to meet the high demand for Thermally Fused Melamine (TFL) panels and will make the company a leading supplier of laminated panels, components, and panel processing. Funder America is one of the oldest, largest and most diversified TFL panel and component manufacturers in North America with 50 years of experience, with a plant in the Oakhaven Industrial Area near Hope.

“Adding TFL manufacturing to our capabilities brings us one step closer to being the most comprehensive supplier of laminated components and panels in North America. We are passionate about leveraging the breadth of our offering to better serve OEMs, distributors and retailers across the country,” said Jon Wenger, CEO of Genesis.

“As an independent TFL producer, Funder has the ability to work with any board or laminate to serve the unique and constantly evolving needs of our joint customers. Our products and capabilities are naturally aligned to be stronger together,” said Peter Funder, who will continue to lead Funder as a division of Genesis after the acquisition.

In addition to TFL, the following Funder offerings are now available from Genesis:

• High capacity shelving and panel processing
• Exclusive Kora Paintable and Stainable Paper
• Wood Powder Coating technology

Wenger added that the Funder locations in North Carolina, Florida and Arkansas “will greatly expand our national footprint.”