August 19, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Patrick Industries, Inc. (NASDAQ: PATK) said that it has signed a definitive agreement to acquire certain assets of Blazon International Group, a distributor of various wiring, electrical, lighting, plumbing and other building products to the RV and MH industries.

The transaction is scheduled to be completed by the end of August 2010.

Todd Cleveland, CEO of Patrick, said that the acquisition fits within the scope of Patrick’s strategic plan by adding new products that will expand its existing RV and MH distribution presence.

Indiana-based Patrick Industries is a manufacturer of component products and distributor of building products serving the recreational vehicle, manufactured housing, kitchen cabinet, household furniture, fixtures and commercial furnishings, marine, and other industrial markets.

The firm operates coast-to-coast through locations in 12 states.

Patrick's major manufactured products include decorative vinyl and paper panels, wrapped mouldings, cabinet doors and components, interior passage doors, slotwall and slotwall components, and countertops.

The company also distributes drywall and drywall finishing products, electronics, adhesives, cement siding, interior passage doors, roofing products, laminate flooring, and other products.

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