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The Parent Corporation of Pacific, Inc.
The Hines Corporation is a privately held management company in Muskegon, Michigan, that oversees eight manufacturing facilities in the Midwest and Texas along with a distributorship in New York. In 1999, the corporation had combined sales of nearly $75 million and employed approximately 500 associates. Its companies manufacture a wide range of products, from valves and springs to gasoline dispensers and boilers.

The Early Opportunities
Larry W. Hines started the company in 1985. It was his belief that with the support of skilled and experienced management, small, struggling and mature businesses offer tremendous opportunities for growth and performance. While many people consider manufacturing to be staid and unimaginative, Hines found the operations to be dynamic, challenging and rewarding. Each offered unique and subtle challenges that presented exciting opportunities to earn meaningful equity and success.

As an entrepreneur, Larry's first acquisition was in 1985 when he purchased the Pacific Floor Machine Company. It was a small manufacturer in San Francisco, California, founded in 1946, that was later relocated to Muskegon, Michigan, and renamed Pacific Cleaning Systems, Inc.

Shortly afterwards, Larry formed Hines Corporation, the holding company to support the operation and to consider additional acquisitions. By following a carefully thought-out acquisition plan, Hines continued to grow, mostly through 15 acquisitions and two start-ups. The Corporation primarily acquired mature Midwest manufacturing companies with net sales ranging from $5-15 million.

The Partnerships
Among them was the Johnson Boiler Company, a 134-year old manufacturer in Ferrysburg, Michigan, in 1987, and DynaTorque, Inc. in Muskegon, Michigan, in 1988. It also acquired Garlock Equipment Co. in Minneapolis, Minnesota, and a Garlock distributorship in New York, Russell Dean, Inc., in 1990, now called Garlock East Equipment Co. More recent additions include American Coil Spring Company in Muskegon, Michigan, E&S Valve Components, Inc. in Longview, Texas, and Bennett Pump Company in Spring Lake, Michigan.

As President of Hines Corporation, Larry focuses primarily on operational issues and acquisition strategies. His management team includes Richard Witham, Executive Vice President; Michele Buckley, Vice President of Human Resources; Gregory Longcore, Chief Financial Officer; and G. Thomas Doyal, Vice President, Business Development.