June 28th, 2016
As you may already be aware, Monofrax LLC is now a truly independent company producing fused-cast refractories in Falconer, NY, USA , where it has been located since its inception in 1948. On June 6th 2016, RHI AG concluded a transaction with Callista Private Equity (Callista) firm based in Munich, Germany. Under the terms of the transaction, Callista acquired 100% of the shares of Monofrax. Callista intends to operate Monofrax as a stand-alone business located in Falconer.
We have begun the transition process of separating Monofrax and creating a standalone independent company. We expect this transition process will be concluded in the next 8 – 10 weeks. As part of this transition, we will most likely need your assistance in matters pertaining to W-9 form, establishing Monofrax LLC as a vendor, filling out tax exemption certificate, and in some cases, issuing new purchase orders for projects that were initiated under the former ownership of Monofrax. Your Monofrax sales engineer will be now be your main contact for all of the above-mentioned topics, plus information regarding our bank accounts, and of course, handling request for quotes and all follow-up communications.
Monofrax has been part of several large companies in its history of nearly 70 years. However, through it all, your Monofrax fused-cast products were always manufactured with high quality and precision by the dedicated and experienced employees in the Falconer, New York plant. Going forward, Monofrax is excited about being an independent supplier of fused-cast products across many industries and applications. We are confident that we will be able to respond to you quickly and efficiently, and continue to provide the most diverse portfolio of high quality fused-cast products.
We expect to have our website up and running in a few weeks. Meanwhile, please do not hesitate to contact your sales engineer to answer any questions you may have. We would like to thank you for your past support to Monofrax. We will continue to work hard to earn your future business.
The Team at Monofrax LLC