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Cooper Watson Acquires Tower Products

Company will continue to operate independently.

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By: Rachel Klemovitch

Assistant Editor

Global manufacturer of pressroom chemicals, Tower Products Inc. has been acquired by a group of private investors that will be headed by seasoned business leader Rachel McGrath. Tower Products will continue to operate independently under the same name.
 
Rachel McGrath joins the company as the new CEO after years of working at Cheveron and consulting on innovation products for industrial and chemical companies at Innosight. She attended both MIT and the Harvard Business School. 
 
“The team has embraced the prospects for continued growth building on Rick’s leadership. We are all excited about the opportunities ahead and look forward to further developing our relationships with customers,” said McGrath. 
 
Former owner Richard Principato remains as COO and the business’ headquarters remains in Easton, PA.


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