Moline Corp completed its acquisition of Conac Corp. last week by. acquiring 49 percent of Conac stock owned by Carl Tolf Jr.. its former owner.
The two St. Charles firms began their association in 1973, when Moline bought 51 percent of the stock of Con-ac. which had been located in Bloomgield Hills. Mich.
Conac, which manufactures mechanical couplings and pipe-grooving machines. will operate as a division of Moline, and Tolf no longer will be associated with the company.
Ed Freese has been appointed Conac division manager by Dort Fauntleroy, Moline Corp. president. The transition was effective Thursday, April 24.
Tolls principal business is Pace PVF Inc., Wasco, amanufacturer of pipe-grooving and expanding machinery that Conac has distributed. Pace PVF also distributes valves and other specialties for the construction and mining industries.
Tolf is president of Pace PVF and of Catco Inc., a St. Charles firm that manufactures plastic specialties.
He also is president of Canadian Cato Ltd., Windsor, Ontario: chairman of Cato of Florida Inc., Fort Lauderdale: a director of Cato Plastics (Europe) Ltd., Somerset. England: and a director of Argo Mfg: Co., Wasco.
Toff, a board member and past president of School Dist. 303, is a commissioner and secretary of the St. Charles Cultural Arts Commission and secretary-treasurer of the Chicago Presidents Organization.
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