State of Indiana

08/20/2024 | Press release | Distributed by Public on 08/20/2024 08:59

Secretary of State Diego Morales Recognizes Historic Indiana Business Merger

NEW ALBANY (August 20, 2024) - Today, Indiana Secretary of State Diego Morales spoke at the historic merger of two fifth-generation Indiana businesses. The merger, announced by Nix Industrial and Huncilman Sheet Metal Fabrication, represents the largest M&A activity to date for Nix Industrial and signals a new era of growth and innovation in New Albany, Indiana.

The newly formed business, to be known as Huncilman Sheet Metal Fabrication, A Nix Company, marks a significant milestone in Indiana's business landscape.

This unprecedented merger underscores the strength and vitality of Indiana's family-owned business enterprises. Secretary Morales, who oversees the Business Services Division within the Secretary of State's Office, highlighted the critical role that the Indiana Secretary of State's Office plays in facilitating such landmark business development.

"This merger is not just a union of two legacy businesses; it's a testament to the entrepreneurial spirit that drives Indiana's economy forward. It's inspiring to see the commitment to excellence and community that these companies embody, and I am confident that this merger will yield positive outcomes for their employees, customers, and the broader Indiana economy," said Diego Morales, Indiana Secretary of State.

The Business Services Division is one of the four divisions under the Indiana Secretary of State's Office and remains a key resource for Indiana businesses navigating mergers, offering support to ensure smooth transitions and continued growth.

For more information on the services provided by the Business Services Division, visit INBiz.in.gov. Pictures are attached and available for use.

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