Connell Snapshot
Limited partnership, unlimited appetite for growth; since 1987 Connell Limited Partnership (Connell) has had a mind for acquisition. It keeps mega funds available for investment in and operation of manufacturing companies principally engaged in the automotive, housing, appliance, and electronics industries. Connell's primary businesses -- Anchor Danly (die sets and die makers' supplies) and Dayton Progress (metal stamping tools) -- serve customers in these areas. In 2009 Connell shifted its interest away from power and process industries; late that year it sold its heat transfer equipment business Yuba Heat Transfer to a subsidiary of SPX for about $125 million.