CLOs on the Move


 
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Hanon Systems

Hanon Systems is a global provider of automotive thermal and energy management solutions, based in Daejeon, South Korea. Founded in 1986 as Halla Climate Control Corp. through a joint venture between Ford Motor Co. and Mando Machinery Corporation, the company has grown to serve nearly all major automakers. As of 2025, it operates as a subsidiary of Hankook & Company Group, alongside its other core portfolios in tires and batteries. The company specializes in optimizing vehicle performance and occupant comfort through advanced thermal management technologies. Its product offerings include HVAC systems, thermal management components like compressors and cooling modules, and energy efficiency solutions aimed at reducing emissions and improving air quality. Hanon Systems has expanded its capabilities through strategic acquisitions, enhancing its position in the automotive industry. With over 50 facilities worldwide, the company is committed to providing electrification-ready solutions that support the shift toward sustainable mobility.

NAVAC Vacuum

Headquartered in Lyndhurst, NJ, NAVAC was incorporated in 2017 to enter the industrial vacuum market as a high quality and high performance alternative to the more expensive and recognizable name brands. With a vision of leading the global market in both industrial vacuum and HVAC/R tools (including vacuum pumps), and having already achieved the latter in 2002, NAVAC will take advantage of continuous technical innovation, superior customer service, and the ability to offer levels of customization not often seen in the industry to achieve the same result for industrial vacuum. NAVAC is committed to establishing long-term, mutually beneficial relationships with our partners by building fair and open platforms for cooperation. As such, we already have a strong OEM business in the U.S. as suppliers to some of the most well known brands in the world. We can offer the same levels of service and customization to our NAVAC end users as well. We currently offer a full line of one- and two-stage oil-sealed rotary vane vacuum pumps and accessories. NAVAC is Your Ideal Vacuum Pump no matter what the application and we are committed to winning your business. We offer a full line of high-quality, competitively priced pumps. Most all models are stocked in our NJ warehouse. If we do not offer what you are looking for as standard, we want to work with you to develop the perfect solution.

Mechanics Cooperative Bank

Mechanics Cooperative Bank is proud to be a local community bank, focused on support-ing the banking needs of local families and local small businesses. We have products and services that can match any financial institution and offer a more in-depth understanding of the local business market. Were responsive to your unique busi-ness needs and can react quickly to growth opportunities. Our philosophy is simple when it comes to serving our business customers – when your business succeeds, we succeed. Mechanics Cooperative Bank currently operates 9 branch locations throughout Taunton, North Dighton, Bridgewater, Fall River, Westport, Swansea, Somerset and New Bedford. Member FDIC. Member DIF. Equal Housing Lender. NMLS #421820

FIRST MARYLAND DISABILITY TRUST INC

Supplemental or Special Needs Pooled Trust Program at First Maryland Disability Trust, Inc.