ILPEA Industries was founded in 1978 by Andrew Holm, an entrepreneur interested in producing custom plastic extrusions for the appliance and construction industries. ILPEAs first customer was Maytag. Since that time, ILPEA has undergone many changes and very significant growth, but the mission has remained unchanged. In 1982 ILPEA was purchased by Thompson Properties of Cincinnati and by 1987, had added 135,000 sq. feet of manufacturing space, employed 439 and claimed new customers including GE, Frigidaire (aka White Consolidated), Amana, Sub Zero, Stanley Door, Pease Door, Taylor Door and Caradco.
In 1989, ILPEA was purchased by Standard Products, and the following year, ILPEA acquired Pantasote, Inc.'s Plastic/Magnetic Division which added our current facilities in New Ulm, MN; Hartselle, AL. In 1992, ILPEA acquired Jarrow Products, a manufacturer of commercial refrigeration and freezer gaskets and building products. ILPEA acquired a 50% joint venture in three facilities in Mexico, and a 51% ownership of our plant in India in 1994. In 1998, ILPEA purchased OEM Miller, a manufacturer of corrugated flexible plastic tubing for the appliance and automotive industries.
In 2001, ILPEA Industries, the largest manufacturer of refrigeration gaskets in North America, merged with Ilpea, S.p.A, the largest manufacturer of refrigeration gaskets in Europe. We now produce products for home appliance, commercial refrigeration, industrial and automotive industries, in 12 countries with 30 plants for over 1,500 customers world wide.