ESOPs in the News: Gemini Industries, Inc. Announces Acquisition, Facility Expansion

Exciting news to share about Gemini Industries, a 100 percent employee-owned leading manufacturer of innovative wood coating solutions headquartered in 
El Reno, Oklahoma.

In February, Gemini announced the acquisition of Diamond Vogel’s Industrial Wood business unit. This strategic milestone underscores Gemini’s commitment to advancing quality, innovation and service in the wood coatings industry.

“We are excited to welcome Diamond Vogel’s Industrial Wood business into the Gemini family of brands,” said Chris Hicks, President and CEO of Gemini Industries, Inc. “This acquisition aligns seamlessly with our mission to provide world-class wood coatings and unparalleled service. We’re excited to support customers with the same exceptional care and innovation they’ve come to trust.”

The transition officially began on Feb. 3, with Gemini assuming responsibility for Diamond Vogel’s Industrial Wood Coatings Division. To ensure a smooth transition, Gemini will retain Diamond Vogel’s dedicated industrial wood sales and technical service staff, providing seamless continuity for customers.

Headquartered in El Reno, Oklahoma, Gemini Industries, Inc. has more than 60 years of experience in developing innovative wood coatings for distributors, professional wood finishers and consumers. 

And in December, Gemini announced the groundbreaking of its new, state-of-the-art warehouse facility in El Reno, Oklahoma. The groundbreaking ceremony, held on December 19, brought together Gemini’s employee-owners, retirees, local officials and community leaders to celebrate the company’s continued investment in the community. The new facility, set to span 52,000-square feet, will enhance Gemini’s operational efficiency, improve customer service and strengthen the company’s ability to compete in the ever-evolving coatings market.

“As an employee-owned company, we are built on principles of collaboration, shared success and collective effort,” said Chris Hicks, President/CEO of Gemini Industries, Inc. “This new warehouse symbolizes more than added capacity; it represents the trust, dedication and vision of our entire team. It will create new opportunities for growth for our business, growth for our community and growth for the prosperity we share as employee-owners.”

The new warehouse features a modern design and includes six loading docks at dock level and one additional loading dock with forklift access and additional office space. 

Gemini Industries, Inc. has been a cornerstone of the El Reno, Oklahoma, community since its founding in 1964. Beyond its corporate headquarters in El Reno, Gemini has grown to an international supplier with a network of seven manufacturing and supply locations across the United States, nine product brands and nearly 200 employee-owners.

To learn more about Gemini Industries, please visit their website. 

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Send your ESOP news to Demetrios Karoutsos at dkaroutsos@esopassociation.org.