George Evans Corp. Buys Cordova Company
Two local companies that make packaging for a variety of major manufacturers are joining forces. The George Evans Corporation, based in Moline, has bought Matcon Manufacturing, in Cordova.
George Evans President and CEO Mike Baxley says the sale will not affect jobs at either company - 84 in Moline and 30 in Cordova.
"With so much over the past decade being out-sourced to other countries like China, Indian, et cetera - that companies here in the Quad Cities have still been able to stay in the manufacturing game. And then you add a slice of pandemic to that - it's been a challenging year."
Matcon will continue as a separate operation in Cordova.
Evans says they both make returnable packaging - Evans makes steel spools for wire and cable, while Matcon specializes in packaging for industrial products - and their customers include John Deere, Case New Holland, Freightliner, Caterpillar, and Oshkosh.